FTSE 100 Morning Update

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FTSE 100 Morning Update

Melrose Industries (LON:MRO) was the biggest climber in the FTSE 100 on Tuesday with shares up by 9.39% to 96.50p at the close of trading after it renegotiated banking covenants. Other big risers included BT (LON:BT.A) and International Consolidated Airlines (LON:IAG), which saw increases of 8.24% and 7.05% respectively.

Diageo (LON:DGE) dropped by 5.55% following the release of its final results, while Avast (LON:AVST) fell by 4.20%.

This morning we will have interim results from Legal & General (LON:LGEN).

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