Towards midday trade, the FTSE 100 was flat at 5039.7. There were no big movers and few obvious...
Towards midday trade, the FTSE 100 was flat at 5039.7. There were no big movers and few obvious trends although oil sector weakness threatened to push the index into the red. The oil sector weakened slightly after Shell reported its first profit decline in two and a half years with third quarter profit down 17%. Gains amongst the FTSE 100 were capped at 5% by ICI, up 18p to 342p, and Invensys also gained 5% cheered by better than expected US growth figures released yesterday. Leading the fallers was Hanson, down 5% or 25p to 446p. Wall Street markets did not plunge on...
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