UK Market News

LONDON (ShareCast) - 1415: Footsie (news) remains in the blue ahead of the US open. Platinum miner Lonmin (LSE: LMI.L - news) has emerged as the biggest percentage riser. Water group Pennon is the heaviest faller after yesterday's judgement from Ofwat on water charges over the next five years and Compass is pointing south again today after disappointing results yesterday. FTSE 100 up 22 at 4,582.

1300: Footsie looks to be heading for its 10th straight day of gains, with bank RBS (LSE: RBS.L - news) now at the top of the pile. Other financial stocks, such as London Stock Exchange (LSE: LSE.L - news) and the insurer Legal & General (3166.KL - news) , are also going well. FTSE 100 up 25 at 4,584.

1155: Banks are among the stocks helping Footsie to what could be its tenth straight day of gains. Lloyds and RBS are in the top 10. Pennon is still the heaviest faller after yesterday's price increase proposals from the regulator Ofwat. FTSE 100 up 28 at 4,587.

1015: Footsie is posting good gains now, with mobile phone group Vodafone (LSE: VOD.L - news) a top riser after it said revenue rose 9.3% in the quarter to June. Water group Pennon is the top faller after yesterday's price increase proposals from the regulator Ofwat. FTSE 100 up 30 at 4,590.

0923: Footsie has limped back into the blue, up 1 at 4,561, but it has largely done so on the back of heavily weighted index constituent Vodafone, which is up after it said revenue rose 9.3% in the quarter to June. Compass is pointing south again today after disappointing results yesterday.

0828: Footsie has made a quiet start despite big gains in the US and Asia overnight. Vodafone is the best riser after a trading update this morning. Life groups are lower even though their funds should have been bosted by recent rise in equity markets. Aviva (LSE: AV.L - news) and Prudential are worst hit. FTSE 100 down 5 at 4,555.