FTSE enjoys modest gains
The FTSE 100 Index looked set for another day of modest gains today as traders awaited further developments in the Gulf.
On relatively light trading, the blue-chip index was 22 points higher at 3783.8 by lunchtime.
Dealers will now be awaiting a lead from Wall Street where the Dow Jones Industrial Average closed ahead 65.55 points last night – although some expected it to open flat this afternoon.
Analysts said the next step for the Footsie remained unclear because of the delicate position of events in the Gulf.
