Market overview:FTSE 100 up 20
Mar 12, 2010
Print this article
13:40 Banks are helping to keep Footsie in the blue, with RBS and Lloyds leading the charge. The sector is mixed though, with HSBC at the bottom of the pile after Goldman Sachs reduced its view to 'neutral' and removed it from its conviction-buy list saying it was puzzled by its weak performance relative to Standard Chartered. Shares in BSkyB are higher amid talk the satellite broadcaster may go private. FTSE 100 up 20 at 5,637.
12:10 BSkyB has moved higher amid talk the satellite broadcaster may go private. RBS, Lloyds and Barclays are lifting higher too, but the banking sector is mixed, with HSBC, in the news lately over stolen account data, at the bottom of the pile. FTSE 100 up 12 at 5,630.
11:05 Cabin crew at British Airways are to go on strike for three days from 20 March and for four days from 27 March.
10:05 Footsie is slightly in the blue, led higher by Royal Bank of Scotland. Fellow banks Lloyds and Barclays are also going well. Miner Vedanta is also among the risers, but the sector is mixed, with Antofagasta among the fallers. FTSE 100 up 9 at 5,626.
09:10 British Airways leads the risers despite the threat of strike action at the airline. Banks are also strong with RBS leading the sector higher, but miners are led lower by Xstrata. FTSE 100 is up 3 points at 5,620.
08:30 Blue chips are ahead this morning, though gains are modest so far. Banks are leading the way with Royal Bank of Scotland, Lloyds and Barclays all higher. British Airways is up despite the threat of imminent strike action. Arm and Shell are the worst performers, though only down a touch. FTSE 100 up 6 at 5,624.
Related articles
