Footsie begins week higher on oil strength

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The FTSE 100 began the week with a rise of 52.7 points to 5070.4. There were few obvious trend...

The FTSE 100 began the week with a rise of 52.7 points to 5070.4. There were few obvious trends to the day's trade although oil heavyweights fared well with OPEC thought to be considering cutting crude output. There were 69 gainers amongst the FTSE 100 against 26 losers. WPP group led the risers with a gain of 42p to 537p. Deutsche Bank drummed up some support after naming the group a decent pick if and when the anticipated US economic recovery occurs in the second half of 2002. Granada also fared well after reports emerged that should it and Carlton Communications decide to cl...

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