FTSE on the up

The London market posted gains of almost 2% today as oil and commodity stocks fuelled a blue-chip rally.

FTSE on the up
Mon, 30 Jun, 2008 - 18:32

The London market posted gains of almost 2% today as oil and commodity stocks fuelled a blue-chip rally.

A fresh all-time high above US$143 a barrel for oil helped petrochemical firms, while takeover manoeuvres among mining and telecoms firms also added impetus.

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