By Marcus Leach

There was some good news for the FTSE 100 on Thursday morning, following eight straight days of losses, as it rose by 0.3% in early trading.

It had finished Wednesday at its lowest level in seven weeks, but a rally in mining and banking stocks helped prompt a 16.05 point rise as it climbed to 5155.83.

However, with losses for November at 7%, with the eurozone crisis rumbling on and America's failure to tackle growing debts, the FTSE 100 is still not in rude health.

In other news a 1% increase in group sales has failed to stem widening losses at Dixons Retail, whilst HTC saw shares drop 7% on the back of downgraded growth forecasts.

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