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FTSE 100 outshines in early trading
The European stock markets have just now reopened and it has been a mixed start to the day. The FTSE 100 has rebounded on the opening and come close to the record highs it posted yesterday. The Index is being buoyed by those noted results from Astra Zeneca and some significant M+A news concerned BHP and Anglo American Tobacco. That UK listed tobacco company was valued at around £25.5 billion as of the close on Wednesday. This bid from BHP values it at over £31 billion and that is helping the FTSE 100 rise. Meantime, the DAX and the CAC are lagging, as the FTSE 100 grabs the yellow jersey in early trading
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