FTSE 100 trades higher led by BG Group

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Source: Dukascopy Bank
British FTSE 100 recovered from last week's drop and edged higher on Monday  led by energy stocks. Heavyweight BG Group provided the main support for the index. Oil and gas provider surged 1.8% after company announced it discovered gas resources in its 4th well in Tanzania. Stocks of Aberdeen Asset Management rallied 3.6% after reporting a 6% increase in its asset value since December 2011. FTSE 100 currently is trading 0.72% or 42.49 points higher at 5,898.84.

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Mon, 26 Mar 2012 17:57:44 GMT

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