Oil companies had been the dominant players in the London markets today, after yesterday's record oil price in New York, however it was eventually takeover talk for Barclays which lifted the FTSE 100 index further.
Yet more suggestions of Barclays as a takeover target for Citigroup encouraged the FTSE 100 index closed up 86.5 points or 0.85% to 4,350.9. Barclays added 12.5p or 2.48% to its share price, to 516p. BP and Shell Transport & Trading closed the day up as the oil price is managing to hold much of the gain in value made over recent weeks. BP saw its share price rise 5.75p or 1.15% to 507p by close of business in London while Shell Transport & Trading added 7.5p or 1.9% to 401.5p, after the oil price climbed to $44.99 a barrel yesterday. Old Mutual also closed up 5p or 5.06% to 103.75p af...
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