London open: Early surge for Footsie

1st Jun 2009 08:37

London has opened sharply higher after gains in Asia overnight and with strong showings by the mining and oil sectors. There are only a handful of fallers this morning so far with the miners and oil stocks pushing the index higher. Xstrata, Vedanta and Lonmin are leading the way with Cairn Energy t

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London pre-open: Asian rally to lift London

1st Jun 2009 07:44

Buoyed by strong performances by Asian markets, London looks set to open sharply higher, with City sources predicting a 75 point jump at the outset of trading. A sharp rally in equities from March helped investment company Alliance Trust post a slight rise in its net asset value (NAV) during the fi

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