London pre-open: Modest gains expected

15th Oct 2010 07:31

City sources expect the FTSE 100 index to open in positive territory, some 10 points up from last night's close. It may not be a convincing start to the day but at least it reverses the weaker trend seen at the death yesterday.Resolution, the insurance sector consolidator run by entrepreneur Clive Cowdery, is buying Bupa Health Assurance for £102m.Information technology services firm Computacenter saw growth rates quicken in the third quarter. Like for like (LFL) growth, which excludes acquisitions and disposals, was 14%, or 17% on a constant currency basis, dragging year to date growth rates up to 8% and 11% respectively.Reckitt Benckiser has been fined £10.2m for abuse of the dominant market position of its heartburn treatment Gaviscon in 2005.