FTSE buoyant despite oil price surge

Sky high oil prices failed to dampen the mood of investors today as the FTSE 100 Index broke through the 4700 barrier.

FTSE buoyant despite oil price surge
Tue, 05 Oct, 2004 - 12:35

Sky high oil prices failed to dampen the mood of investors today as the FTSE 100 Index broke through the 4700 barrier.

By mid-morning the Footsie stood 29.5 points higher at 4711.4, continuing a recent run of luck sparked by a positive start to the fourth earnings quarter.

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