FTSE fluctuates between gains and losses on Wednesday

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Source: Dukascopy Bank
FTSE 100 Index opened 0.4% down on Wednesday, after World Bank cut its global growth forecast for 2012. However, UK benchmark index recovered later gaining 0.1% 5,701.54,  as IMF announced it will provide a $1 trillion loan program, and Germany successfully sold bonds. On the upside the index was supported by  Essar Energy PLC which rallied 8.82% while Man Group PLC  jumped 5.5% after the firm posted its trading results. Main loser was Tullow oil which tumbled 5.57%. At the moment of writing FTSE 100 is 0.28% or 15.54 points down  at 5,678.99.

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Wed, 18 Jan 2012 16:25:25 GMT

Gold joins stocks and crude oil rally

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