Russia announced it would remove its export curbs on crude oil and the price of oil subsequently pus...
Russia announced it would remove its export curbs on crude oil and the price of oil subsequently pushed the FTSE 100 down but left the week slightly higher.
BP and Shell Transport led the fall as both firms lost 4p and 5p respectively to leave the FTSE 100 down 30.5 points, or 0.6 percent, to 5218, yet this is still a 0.9% gain this week.
BP, Vodafone and GlaxoSmithKline had accounted for more than half the index's retreat.
Today, however, Ebookers surged 16% to 257.5p on investor optimism holiday makers will book more tickets online, lifting sales at Europe's No. 1 Internet travel agency. The stock has gained 68% this week.
London Pacific Group lost more than half its market value as its shares plunged 58% to 63.5p, after the U.K. investor in technology- related start-ups said it was delaying first-quarter financial results because falling markets eroded the capital base of its life-insurance unit.
Activity in the US is faring much better as stocks are on the rise for the fourth day in five.
General Electric and Cisco have helped to lift the S&P 500 index 0.5% to 1103.82, at its biggest weekly gain since September.
The Dow Jones climbed 40.55 points or 0.4% to 10,329.76 while the Nasdaq Composite Index advanced 18.79 or 1.1% to 1749.23.
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