FTSE 100 index higher led by International Power

Source: Dukascopy Bank
FTSE 100 index climbed higher on Monday supported by energy stocks. International Power rallied 3.3% after the firm announced  it has agreed to a higher GBP 4.18 a share offer from GDF Suez SA. BG Group added 1.3% on news the company is in talks with gas provider Cosan SA Industria y Comercio. On the downside were banks with Lloyds Banking Group falling 2.3% and Royal Bank of Scotland Group dropping 2.7%. At the moment of writing FTSE 100 index trades 0.93% or 52.49 points up at 5,704.28. 

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Mon, 16 Apr 2012 15:47:05 GMT

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