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-35577308

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

Version 1 Version 2
FTSE 100 up 2.2% as rebound continues FTSE 100 up 2% as rebound continues
(about 4 hours later)
(Midday): The London market rose more than 2.2% in afternoon trading on Monday after Tokyo posted its biggest one-day rise since late 2008. (Close): London's leading share index ended the day 2.04% higher on Monday after Tokyo posted its biggest one-day rise since late 2008.
The FTSE 100 index rose 128 points to 5,835, adding to a 3% gain on Friday. The FTSE 100 rose 116.68 points to 5,824.28, after a 3% gain on Friday.
Household products maker Reckitt Benckiser was one of the top risers, up 6.1%, after posting better than expected annual results. Household products maker Reckitt Benckiser was one of the top risers, up 6.8%, after posting better-than-expected annual results.
That increase puts the shares on track for their biggest one-day rise since October 2013. That increase gave the firm's share price its biggest one-day rise since October 2013.
Bernstein analyst Andrew Wood said: "These were a phenomenal set of results. RB blew away consensus on every major metric."Bernstein analyst Andrew Wood said: "These were a phenomenal set of results. RB blew away consensus on every major metric."
British Airways owner IAG was another top riser, adding 4.6% to 502p. British Airways owner IAG was another top riser, adding 5.2% to 504.5p.
Mining companies led the fallers, with Fresnillo shedding 2.9% and Randgold Resources shedding 2.7%. Mining companies led the fallers, with Fresnillo shedding 2.6% and Randgold Resources slipping 2%.
Shane Oliver, head of investment strategy at AMP Capital Investors in Sydney, said: "Shares have become oversold again and due for at least a bounce which may now be getting under way. But with global growth worries remaining, it's still premature to say that shares have bottomed."Shane Oliver, head of investment strategy at AMP Capital Investors in Sydney, said: "Shares have become oversold again and due for at least a bounce which may now be getting under way. But with global growth worries remaining, it's still premature to say that shares have bottomed."
The FTSE was still 7% lower than it was at the start of the year and about a fifth below last April's record high despite a rebound over the last two sessions.The FTSE was still 7% lower than it was at the start of the year and about a fifth below last April's record high despite a rebound over the last two sessions.
Share markets in Frankfurt and Paris also enjoyed strong rises on Monday, adding 3% and 3.6% respectively. Share markets in Frankfurt and Paris also enjoyed strong rises on Monday, adding 2.7% and 3% respectively.
After double-digit rises on Friday, Brent crude fell 0.8% at $33.08, while US light crude was down 1% to $29.14. After double-digit rises on Friday, Brent crude rose a further 0.8% to $33.64, while US light crude was up 1.3% to $29.81.
On the currency markets, the pound was up 0.5% against the euro at €1.2951 but flat against the dollar at $1.44990. On the currency markets, the pound was up 0.55% against the euro at €1.2953, but 0.43% lower against the dollar at $1.4442.