Updates from Babcock, Wolseley and FirstGroup

Adrian Holliday

The FTSE 100 surged +1.37% yesterday to 5,820 points following optimism on Spanish bank tests. Anglo American was the biggest riser, up +4.07% while AstraZeneca was the biggest loser, down -1.0%.

Overnight, Australia snipped interest rates by -0.25%. Better news for Japan with a rise in manufacturing data, though the Nikkei only finished slightly 0.08% higher.