BP gain pushes FTSE up

Embattled oil major BP soared 5% today as investors cheered the prospect of a change at the top ahead of Tony Hayward's expected departure.

BP gain pushes FTSE up
Mon, 26 Jul, 2010 - 19:12

Embattled oil major BP soared 5% today as investors cheered the prospect of a change at the top ahead of Tony Hayward's expected departure.

The group was one of the biggest risers on the FTSE 100 Index, which closed 38.5 points higher at 5351.1.

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CourtsBusinessFTSEPlace: Wall StreetPlace: USPlace: AtlanticPlace: Gulf of MexicoPlace: UKPlace: EuropePerson: Tony HaywardPerson: HaywardPerson: Bob DudleyOrganisation: BPOrganisation: FTSEOrganisation: FootsieOrganisation: FedExOrganisation: BarclaysOrganisation: HSBCOrganisation: Lloyds Banking GroupOrganisation: Royal Bank of ScotlandOrganisation: LloydsOrganisation: FTOrganisation: PenguinOrganisation: PearsonOrganisation: GlaxosmithklineOrganisation: GenzymeOrganisation: AstraZenecaOrganisation: FresnilloOrganisation: Reckitt BenckiserOrganisation: ConnaughtOrganisation: Tullow OilOrganisation: Arm HoldingsOrganisation: Smith & Nephew
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