A second wind for UK stocks this afternoon despite a weaker opening in New York has put the FTSE 100 index on course for a second day of gains to another record high.
Currently up 26.20 points to 4,708 the index of leading shares has been raised by higher oil prices coupled with a big contract win for BP. BP up 12p to 546.5p alone has added some 11 points to the index through its weighting after announcing a five-year deal to supply liquefied natural gas to a US terminal. BHP Billiton is up 11p to 596.5p after coal prices rose in South Africa on continued transport constraints involving rail shipments to that country’s largest coal port. Barclays is up 8.5p to 564.5p after announcing it sees significant growth opportunities through its acquisiti...
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