The FTSE climbed today after better than expected results from US oil giant Exxon flowed through to b...
The two UK stocks were up 16.5p to 467p and up 18.5p to 532p respectively.
Raw oil prices are still pressed, and US pump prices are likely to fall, but European oil stocks are seen to be maintaining stronger earnings due to their upstream activities.
British Gas ended the day up 9.5p at 287p after it agreed to buy failed US energy trading company Enron's Indian assets for a cheaper price than first envisaged.
Media and advertising stocks were hammered, however, as Reuters continued falling today, down another 33p to 575p, and WPP lost 32.5p to 676p.
Daily Mail & General Trust manage to do better, however, gaining 19.5p to 650.5p.
Telecoms were under the knife too, as Vodafone shed 2.75p to 158.75p and MmO2 lost 1.5p to 81p.
BT Group managed to sustain a recovery, however, as investors shrugged off morning blues related to a sour note from Lehman Bros., and instead forced the stock up 4p by close to 236p.
Overall the FTSE 100 index moved up 31.4 points to 5,180.6 by close.
Things could turn rapidly either way tomorrow as US Federal Reserve chairman Alan Greenspan is due to make statements before Congress, which dealers say will give a heads up on which way the Open Market Committee will vote next week on setting a new interest rate level.
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