Early trading good as London follows Dow

Investors in London picked up where counterparts in New York left off last night as a late flurry for the Dow Jones Industrial Average lifted London shares today.

The bounce back on Wall Street, following losses earlier in the session, encouraged the FTSE 100 Index, which put back some of the falls seen yesterday to stand 25.1 points higher at 4337.3 in the first hour of business.