FTSE sent flying higher by BSkyB

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The FTSE 100 is up 54.9 points, or 0.86%, to 6,474.5 in early trading, as miners and property stocks push the index higher.

BSkyB is posting the biggest gains with a rise of 5.39% to 616p, following better than expected profits, while miner Lonmin has added 5.21% to £34.93, on a rise in metal prices. Among property stocks Liberty International has advanced 2.7% to £12.56, closely followed by Land Securities Group which has added 2.57% to £19.99, while Hammerson has climbed 2.41% to £15.72. However, Shire is the biggest loser with a fall of 1.99% to £11.30, closely followed by Home Retail which has declined 0.99% to 451.5p, while Pearson has dropped 1.5% to 887.5p. Other media stocks have also dropped with ...

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