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Bank shares lift London’s FTSE 100

Hong Kong shares

London’s FTSE 100 index rises in early trading, lifted by shares in RBS, Barclays and HSBC.

The FTSE 100 was up 0.27% or 18.5 points at 6,764.46.

Shares in the transport group Go-Ahead were up nearly 5% after it reported results. The company said profit rose 27% to £99.8m, despite troubles at railway operator Southern, which it co-owns.

On the currency markets, the pound was flat against the dollar at £1.3268.

It was also little changed against the euro at €1.1856 (£1.00).

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Paul

The author Paul