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The Guardian - UK
The Guardian - UK
Business
Nick Huber

London market gets boost from Milan

London Stock Exchange shares have received a boost from Italy.

The London exchange is 42p higher after the Milan exchange suspended cash trading earlier this afternoon due to technical difficulties.

Mining companies and financial services companies are still dominating the FTSE 100 leaderboard. Eurasian Natural Resources Corporation is the top riser, up 75p at £14.79p, followed by Barclays, up 17p to 346p.

The London market remains strong, up nearly 99 points at 5895.2.

Wall Street has retreated from early gains. It is around 10 points lower, as reassuring results from Goldman Sachs helped counter renewed worries over the US housing market after data showed new home-building projects begun last month at their lowest level since 1991.

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