FTSE 100 higher in early trading
Tuesday 7th April 2009, 9:12AM BST.
The FTSE 100 rose back over the 4,000 mark in early trading as mining stocks bounced back.
The index reversed yesterday’s falls with a 31 point gain to 4,025.00 by 08:40 BST, as mining stocks recovered from last night’s sell-off.
Randgold Resources was up by 3.57 per cent, while silver miner Fresnillo rose by 3.10 per cent and Antofagasta jumped 2.92 per cent.
Defence companies BAE Systems and Cobham led the index, however, after the Pentagon said it would review spending.
BAE Systems shares rose 5.63 per cent, while Cobham rose 4.42 per cent to 184.30p.
Banking stocks fell after yesterday’s gains, with Standard Chartered down 2.92 per cent and Lloyds Banking Group trading 2.26 per cent lower.
In the US, markets fell back after an analyst raised new fears over the health of the banking system.
The Dow Jones was off by 0.5 per cent, while the S&P 500 closed 0.8 per cent lower.
Shropshire Star on Twitter
Keep updated with the latest breaking news and content on our Twitter feed.
Lifestyle
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
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
Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.
shropshirestar.com
Popular sections
Useful links
