London’s FTSE 100 trades higher
9 May 2016
- From the section Business
(Open): London’s main share index is higher in early trading with the airline Easyjet among the best performers after a broker upgrade.
The FTSE 100 was up 0.13%, or 7.69 points, at 6,133.39.
Shares in Easyjet were up more than 2% after Royal Bank of Scotland changed its rating on the company from underperform to outperform.
Outside the main index, shares in security firm G4S were up more than 5% after it reported a rise in revenues.
G4S, the world’s biggest security firm, reported a 4.5% rise in revenues in the first quarter to £1.5bn after it continued to wind down loss-making contracts.
Source: BBC Business