FTSE reaches two-month high

Strong gains for oil and banking stocks saw the FTSE 100 Index make good progress today and close at another two-month high.

FTSE reaches two-month high
Fri, 29 Aug, 2008 - 18:37

Strong gains for oil and banking stocks saw the FTSE 100 Index make good progress today and close at another two-month high.

The recovery by financial firms, amid hopes the worst of the credit crunch may be over, saw HBOS rise 10.25p to 315.75p, Royal Bank of Scotland improve by 4.75p to 234.75p and Barclays lift 3.5p to 353p.

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CourtsBusinessHeathrowPlace: UKOrganisation: FTSEOrganisation: HBOSOrganisation: Royal Bank of ScotlandOrganisation: BarclaysOrganisation: BPOrganisation: FootsieOrganisation: StreetOrganisation: PetrofacOrganisation: Wood GroupOrganisation: SainsburyOrganisation: RSA InsuranceOrganisation: Zurich Financial ServicesOrganisation: PrudentialOrganisation: VodafoneOrganisation: European CommissionOrganisation: Bradford & BingleyOrganisation: Restaurant GroupOrganisation: Frankie & BennyOrganisation: Davis Service GroupOrganisation: SunlightOrganisation: MarshallsOrganisation: HovisOrganisation: BranstonOrganisation: Premier FoodsOrganisation: Cairn EnergyOrganisation: London Stock ExchangeOrganisation: Enterprise InnsOrganisation: Drax GroupOrganisation: National Grid
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