Morning markets: Energy stocks lead FTSE rise

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The FTSE opened higher in early trading by 20.32 points(0.39%) to 5231.50 as investors become more optimistic about prospects for a global recovery.

Their mood should be buoyed today by the release of US non-farm payroll data which is  expected to show an increase of 513,000 jobs last month. This would mark the biggest monthly gain since September 1983. Winners on the FTSE were headed by energy stocks with a near 4% gain for embattled BP. It was trading at 448p, up 16.65 (3.85%), following the news progress had been made to capture some of the oil from its ruptured sea well in Mexico. Elsewhere, Tullow Oil was trading at £11.66. up 18 points (1.57%). The losers were dominated by British American Tobacco at £21.43, down 12 points (...

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