FTSE in red despite positive moves

A glut of earnings news today failed to prevent London shares succumbing to high oil prices and lingering fears of an interest rate hike.

FTSE in red despite positive moves
Thu, 24 Feb, 2005 - 18:21

A glut of earnings news today failed to prevent London shares succumbing to high oil prices and lingering fears of an interest rate hike.

The string of corporate announcements featured plenty of positive news, although not enough to prevent the FTSE 100 Index ending the day in the red, down 16.4 points at 4972.1.

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