FTSE slightly up

Oil stocks underpinned progress for the London market today as takeover talk gave a helping hand to retailers.

FTSE slightly up
Mon, 12 May, 2008 - 18:46

Oil stocks underpinned progress for the London market today as takeover talk gave a helping hand to retailers.

Crude prices of around US$125 a barrel offered momentum to majors such as BP, while bid speculation surrounding B&Q owner Kingfisher gave shares a boost.

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