This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-34841724

The article has changed 3 times. There is an RSS feed of changes available.

Version 0 Version 1
FTSE 100 rises as market recovery continues FTSE 100 rises as market recovery continues
(about 2 hours later)
(Morning): The London market rose strongly as global markets continued to shrug off any concerns about the economic impact of the Paris attacks. (Noon): The London market rose strongly, with Smiths Group leading the way after it agreed a deal to cut its pension contributions.
By early morning, the FTSE 100 index was up 111.13 points, or 1.8%, at 6,257.51. Shares in Smiths Group jumped 10% after it announced the deal. The company also said that first-quarter trading had been "resilient".
Smiths Group jumped 10% after the engineering group struck a deal which means it does not have to pay as much money into its pension scheme. Shortly before midday, the FTSE 100 index was up 113.93 points, or 1.8%, at 6,260.31.
Easyjet shares fell 3.6% despite news of another record profit. Easyjet shares fell 5.2% despite news of another record profit.
Its full-year profits jumped 18% to £686m, the fifth year in a row that the carrier has reported record profits.Its full-year profits jumped 18% to £686m, the fifth year in a row that the carrier has reported record profits.
The airline's chief executive, Carolyn McCall, also said she did not expect any lasting impact on trading from the recent terror attack. On Monday, shares in airlines and firms in the travel sector fell sharply following the attacks in Paris.The airline's chief executive, Carolyn McCall, also said she did not expect any lasting impact on trading from the recent terror attack. On Monday, shares in airlines and firms in the travel sector fell sharply following the attacks in Paris.
Shares in the UK's largest supermarket group, Tesco, rose 4% after Citigroup upgraded its rating on the the stock to "buy". The UK's largest supermarket group, Tesco, rose 2.2% after Citigroup upgraded its rating on the the stock to "buy".
On the currency markets, the pound was flat against the dollar at $1.5206 and rose 0.1% against the euro to €1.4247. On the currency markets, the pound was flat against the dollar at $1.5201 and rose 0.2% against the euro to €1.4257.