British FTSE 100 slightly advances on Monday

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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

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