FTSE up as crude oil hits $52

Biggest movers this morning are Imperial Chemical Industries, up 6p to 226.25p, with Sage up about 3p to 175.25p. Man Group is down 20p to 1,351p. Asian stocks have fallen on higher oil prices, with New York-quoted crude oil climbing above a record $52 per barrel. At this mornings close, the Nikkei 225 Stock Average dropped for the first time in five days, shedding 30 points to 11,347.06. The 5.6% gain was the longest string of advances in seven months. Nippon Oil again led the pack with a 4.3% gain to 757 yen. In August, the company raised its full-year profit forecast, citing increas...