The benchmark FTSE 100 closed up a mere 0.10 points at 4,422.80 after UK stocks ended the day on a mixed note.
Cable & Wireless advanced 7.5p to 129p after the phone company reported it will pay a full- year dividend of 3.15p a share, backdating the payout to include its first half. In the meantime, oil stocks such as BP and Shell Transport gained after oil price climbed in New York yesterday, boosted by the last days’ of turmoil in Saudi Arabia. BP, one of the biggest oil companies in Europe, jumped 5.5p to 487.5p. Shell Transport rose 1.75p to 396p. UK lenders also climbed today. Royal Bank of Scotland gained 15p to 1,650p, and HBOS rose 4p to 712p. In the meantime, Enterprise...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes