Morning Markets: FTSE buoyed by Japan gains

In the opening minutes of the session, the FTSE 100 was up 17.84 points (0.33%) to 5,376.01, in line with other European markets. Property firm Hammerson was the biggest gainer, adding 2.3% to 393.7p. The other top climbers were mainly mining stocks, including Xstrata, which rose 1.75% to £11.45p. Tesco was the biggest loser, shedding 1%, while BT lost 0.9% dropping to 425.7p and drugs giant GlaxoSmithKline declined by 0.8% to £11.23p. In the US, the Dow Jones closed up 9.5 points, or 0.1%, at 10,402.35 after the Federal Reserve's decision to raise rates for emergency bank loans. ...