FTSE claws back after Wall Street rally

London's leading share index was up slightly by 0.2% in early trading following yesterday's fall, boosted by a late rally on Wall Street.

By 8:30am, the FTSE had clawed back 0.49% to 5,636, marking a slight recovery from yesterday's heavy losses, which saw the index finish 1.8% down on the back of declining mining stocks and commodity prices. This morning's winners were Autonomy Corporation, up 3.23%, Royal Bank of Scotland Group, climbing 3.11%, Eurasian Natural Resources Corp, up 2.05%, African Barrick Gold at 2.03% and Invensys, which reversed yesterday's fortunes by rising 1.7%. Conversely, Shire fell 1.45%, National Grid was down 0.46%, Severn Trent was down 0.43%, Standard Life fell 0.41%, while Scottish and South...