FTSE opens solidly as financials lead way

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The FTSE 100 opened morning trading in positive territory, with financials leading the way.

As at 9.15, London's leading index was up 36.9 points, or 0.7% to 5,322. Barclays started the day's trading strongly, up 6.15 points or 2.16%. Prudential and RSA Insurance Group are also among the morning's top performers. United Utilities Group (down 1.56%), SABMiller (down 0.66%), BHP Billiton (down 0.55%) and Imperial Tobacco (down 0.47%) are among the day's losers. The Dow Jones finished trading yesterday down 0.47%, or 49.05 points, to end on 10,452. Investor confidence was knocked by downbeat economic news, with producer prices rising higher than expected to fuel inflation conc...

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