FTSE breaks the 5200 barrier

Soaring oil prices helped to push the London stock market through a key barrier for the first time in more than three years today.

FTSE breaks the 5200 barrier
Wed, 06 Jul, 2005 - 13:21

Soaring oil prices helped to push the London stock market through a key barrier for the first time in more than three years today.

The FTSE 100 Index of leading shares lifted above the 5200 level to stand at 527 by mid-morning after the price of US light crude moved back above 60 US dollars a barrel.

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