FTSE up over US boost

Monday 23rd March 2009, 9:31AM GMT.

FTSE 100 up 1.5% as financials see  US boostThe FTSE 100 started the week on a positive mote, jumping over the 3,900 mark on opening.

At 08:58 GMT, the London index stood at 3,901.45 – a rise of 58.60 points or 1.52 per cent.

The financials led the gains – as US financial clear-up plans are unveiled – with insurer Old Mutual up 10.73 per cent, while Legal & General rose 8.88 per cent.

Barclays climbed 8.86 per cent to 114.30p and Lloyds Banking Group was up 7.23 per cent.

Thomas Cook was down 3.15 per cent, while Petrofac fell 1.62 per cent and WPP dropped 1.24 per cent.

Overnight the optimism started in Asia, with the Nikkei up 3.39 per cent.

On the currency markets, sterling was up against the euro and dollar to €1.06750 and $1.45530.



Free e-Supplements

TWITTER

Shropshire Star on Twitter Shropshire Star on Twitter

Keep updated with the latest breaking news and content on our Twitter feed.

Lifestyle

Interactive Dining Out map Interactive Dining Out map

Hundreds of reviews by the Shropshire Star and Express & Star's teams to help you decide where to eat.

Entertainment

All the film reviews All the film reviews

Before you plan a trip to the pictures, get our critics' verdicts on all the latest movie releases.

OUR NEW APP

Get the new Shropshire Star app Get the new Shropshire Star app

Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.