The FTSE100 has started in fine fashion this morning with oil, energy and mining stocks again sharing the spoils. The blue-chip index is currently 53.90 points (0.89%) ahead to 6123.50.
Another increase in crude prices has led Tullow Oil to lead the way so far, up 4.12% to 934.50. Cairn Energy is one of a host of energy sector stocks rising on Thursday, up 3.05% to 3416. Hedge fund manager Man Group is also soaring on its 60% yearly profit climb, up 2.63% to 604. Banking stocks HBOS and Barclays are struggling so far, down 1.86% to 423 and 1.42% to 381.75 respectively. Poor housing figures this morning has also hit Wolseley, 1.8% lower to 547. In New York, a late surge on Wall Street defied the rebound in the crude price, with the Dow Jones IA closing Wednesday u...
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