FTSE slightly ahead in London trading


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London shares were slightly ahead on early trading on Friday.

The FTSE 100 index of leading shares was up by a meagre eight points at 7,126.44.

There was little corporate news to move share prices, though Reckitt Benckiser led the fallers and was down 2% after reporting flat first quarter sales.

Miners were represented among the major winners – who included Rio Tinto, Marks and Spencer, Ashtead Group, BHP Billiton, and Glencore.

Meanwhile, other fallers included Burberry, United Utilities, Centrica and Severn Trent.

The pound was unchanged against the dollar at $1.284. Against the euro the pound was down 0.08% at 1.1948 euros.

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