FTSE 100 inches higher
The FTSE 100 stock exchange inched higher on Monday as a rally brought on by better-than-expected US jobs data petered out due to uncertainty about Europe's economic outlook.
The benchmark index was 0.12 percent up at 5,606.72 points.
Lloyds Banking Group (LBG) was the most traded stock, seeing 139 million units change hands, followed by Royal Bank of Scotland (RBS), which saw 107 million shares switch owners.
The day's top performer was investment company Resolution, which added 3.4 pence -- or 4.95 percent -- to finish at 72.15, followed by oil industry services provider Petrofac, which added 44 pence -- or 4.1 percent -- to stand at 1,116.
Fellow oil industry group Amec was the biggest faller, dropping 15 pence -- or 1.9 percent -- to close at 768.5, followed by British Airways (BA) which shed 4 pence -- or 1.75 percent -- to finish at 224.3.
Meanwhile, sterling ended lower against the dollar and the euro.
At 17:15, the pound was trading at 1.5068 dollars, down from 1.5110 at the same time on Friday, while Britain's currency stood at 1.1063 euros, down from 1.111 over the same period.
Copyright 2010  AFP European Edition
