British FTSE 100 slightly advances on Monday

Source: Dukascopy Bank SA
UK FTSE 100 index traded notably higher on Monday supported by miners and energy shares as Greek polls showed pro-austerity parties lead ahead of upcoming parliamentary elections in June. Rio Tinto surged 2.8% and Antofagasta gained 3.2%. Financials also climbed with Barclays adding 0.5% and RBS advancing 1.4%. Recruitment company Capita Plc jumped 3.1% after UBS upgraded the stock from neutral to buy. At the moment of writing FTSE 100 trades 0.4% or 22 points up at 5,373.55.

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Mon, 28 May 2012 16:29:59 GMT

German DAX experiences a choppy session on Monday

German DAX index rose in the first half of session on Greece's poll results which showed Greeks supported pro-austerity parties. Nevertheless index retreated and traded into red prior to the close on lingering Spain worries. Financials posted substantial losses with Deutsche Bank falling 1% and Commerzbank tumbling 3.8%. Electricity provider RWE AG dropped 2% and power company E.ON AG lost

Mon, 28 May 2012 15:12:59 GMT

Corn unchanged amid drought in top-growing regions

Rural commodities soared on Friday as crop conditions are deteriorating in the major growing-regions while demand is expected to remain strong.Wheat surged as dry and hot weather forecasts in Russia, Ukraine and the Great Plants bolstered grain's price. Moreover, solid demand for US wheat provided fresh stimulus for price increase.Corn was unchanged on Friday but the commodity is likely to

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