Footsie hits three-year high

Record oil prices and good news from the banking sector helped the FTSE 100 Index surge to a fresh three-year high today.

Footsie hits three-year high
Mon, 08 Aug, 2005 - 18:37

Record oil prices and good news from the banking sector helped the FTSE 100 Index surge to a fresh three-year high today.

Heavyweight stock BP added nearly 2% to its market value after the cost of a barrel of crude edged towards 54 US dollars in New York.

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