Investors cautious ahead of EU bail-out summit

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Caution has set in for investors in early trading on Monday as traders await the outcome of today's eurozone finance ministers' meeting in Brussels.

London's leading index is five points higher at 6,007 in midday trade after a morning dip. At today's EU meeting, ministers will debate whether or not to increase the eurozone's rescue fund in light of concerns Portugal and Spain could be next in line to ask for a bailout. Technology firm Smiths Group is the best-performing blue chip, adding 8% to £13.86, after spurning a multi-billion pound bid for part of the business. Elsewhere, Smith & Nephew, engineering firm GKN and Capita Group are all higher, while software developer Autonomy Corporation lost more than 3%. Among the earl...

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