FTSE presses ahead

The FTSE 100 Index pressed ahead today on the back of a strong show from the oil and gas sector and a weaker US dollar.

FTSE presses ahead
Tue, 02 Nov, 2010 - 18:04

The FTSE 100 Index pressed ahead today on the back of a strong show from the oil and gas sector and a weaker US dollar.

The US Federal Reserve is widely expected to announce a further bout of quantitative easing tomorrow, which weakened the value of the greenback and made commodity stocks more attractive to investors.

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CourtsBusinessHeathrowPlace: Gulf of MexicoOrganisation: FTSEOrganisation: US Federal ReserveOrganisation: FootsieOrganisation: BPOrganisation: BG GroupOrganisation: AvivaOrganisation: Imperial TobaccoOrganisation: Insurer AvivaOrganisation: Cillit BangOrganisation: DettolOrganisation: Reckitt BenckiserOrganisation: SercoOrganisation: LloydsOrganisation: Royal Bank of ScotlandOrganisation: Tullow OilOrganisation: XstrataOrganisation: GKN
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