Oil stocks had a hand in the rising value of the FTSE 100 again today, which has climbed for the sec...
Oil stocks had a hand in the rising value of the FTSE 100 again today, which has climbed for the second day in a row on the back of positive vibes from the US. Shell Transport & Trading, which is 40% owned by Royal Dutch/Shell Group, said first-quarter profits only fell 48% and was less than analysts, and was then rewarded with a 17.5p or 3.6% price rise to 498p. Analysts saw its results as an indicator that things might really be improving and several stocks rose on the back of it. Jefferson Smurfit continued to climb after revealing it is in merger talks, and Imperial Tobacco ...
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