Oil and banking stocks buoy FTSE

Progress by oil and banking stocks left the FTSE 100 Index on track to end the week on a three-month high today.

Oil and banking stocks buoy FTSE
Fri, 10 Jun, 2005 - 12:40

Progress by oil and banking stocks left the FTSE 100 Index on track to end the week on a three-month high today.

With the price of a barrel of crude oil edging remaining above $54, heavyweights BP and Shell both added around 1.5% to their market value.

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CourtsBusinessHeathrowPlace: USPlace: LondonPerson: Alan GreenspanPerson: GreenspanPerson: Jean-Louis RaymondPerson: Jacques GounonOrganisation: FTSEOrganisation: BPOrganisation: ShellOrganisation: FootsieOrganisation: Federal ReserveOrganisation: BG GroupOrganisation: HBOSOrganisation: BarclaysOrganisation: Lloyds TSBOrganisation: WoolworthsOrganisation: Eurotunnel
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