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FTSE continues to rise

The FTSE 100 opened at 4,556 and moved higher in morning trades as London equities received a boost from trading in the US and Asia.

By 10.35am, the index was 0.6 per cent higher at 4,589 with help from Legal & General which rallied strongly.

The insurer recouped earlier losses to gain 3.5 per cent to 66.90p while Prudential gained 1.9 per cent to 436.50p.

Banks were also stronger with Barclays up 1.9 per cent to 316.80p, Lloyds Banking Group up 2.3 per cent to 77.90p and Royal Bank of Scotland up 2.7 per cent to 42.33p.

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