FTSE 100, Lloyds Banking Group (LON: LLOY) and GlaxoSmithKline plc (LON: GSK) are restored after the knockdown

Lloyds Banking Group is gaining points as the FTSE 100 to seek higher

In brief: Lloyds Banking Group plc (LON: LLOY), GlaxoSmithKline plc (LON: GSK) and the FTSE 100 index found a foothold in the very beginning of the UK stock market trading today.

FTSE 100 index returns the position gradually in the beginning of today’s trading. FTSE 100 catches a bullish trend and gets to 5,264.04 points, gaining +18.83 (0.36%) in the first minutes of trading.

The British banking sector is beginning to rise after yesterday’s knock-down. Lloyds Banking Group plc (LON: LLOY) shares are gaining in price. Lloyds Banking Group is close to 70.97 points, gaining +0.94 (1.34%). GlaxoSmithKline plc (LON: GSK) is 1,179.50, rising to +14.00 (1.20%) due to the strong bullish support. Analysts believe the rise in the UK stock market today, despite the Asian collapse.

Anrey Torbinski
 2010-08-12 08:20, Economics.

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