FTSE edges into positive territory

London markets edged into positive territory today, boosted by gains at Prudential and a late rally on Wall Street on Friday.

Insurer Prudential climbed more than 2% after it announced it had entered into a binding agreement to sell its Egg Banking division to US banking giant Citigroup. Investors cheered the £575 million deal with shares in Prudential rising 11.5p to 714p.