FTSE posts biggest monthly gain in five years

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The FTSE 100 managed to post its biggest monthly gain in five years by the end of business today, af...

The FTSE 100 managed to post its biggest monthly gain in five years by the end of business today, after oil and chemical firms reported another boost in profits. Shell Transport & Trading, Europe's largest oil company by market value, rose 17.75p or 4.5% to 410.75p even though one of its divisions, Royal Dutch/Shell Group, reported third-quarter losses. Imperial Chemical Industries (ICI) also beat analysts forecasts, pushing its share value up 23.25p or 10% to 251p and lifting the FTSE 100 to close up 37.00 points or 1% to 4039.70. The benchmark index closed up 8.5% in Octobe...

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