Weaker oil stocks dampen FTSE

The FTSE 100 Index failed to hold on above the 5,000 barrier today after weaker oil and banking stocks dampened hopes of a strong session.

Weaker oil stocks dampen FTSE

The FTSE 100 Index failed to hold on above the 5,000 barrier today after weaker oil and banking stocks dampened hopes of a strong session.

London traders initially gained strength from New York trading but the boost proved short-lived as the Footsie stood 8.8 points lower at 4986.1 by mid-morning.

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