FTSE continues on the up

The FTSE 100 index maintained its recent rally today as investors warmed to upbeat news in the oil and media sectors.

FTSE continues on the up
Thu, 17 Feb, 2005 - 11:27

The FTSE 100 index maintained its recent rally today as investors warmed to upbeat news in the oil and media sectors.

Cairn Energy shares bounced 5% after positive drilling results in India added to momentum generated by a rising oil price, while BP and Shell also gained ground.

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