FTSE fails to capitalise on energy boost

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The FTSE 100 has ended the day flat, down just 1.1 points, or 0.02% to 5,888.9 despite performing well during the afternoon.

Increased oil prices caught the FTSE off guard, while fears of tighter US regulation next week caused PartyGaming.com to top the list of falling stocks with a drop of 5.88%, or 6.75p, to 108p. Other poorly performing stocks included Aviva which slipped 3.65% to 725p, as it confirmed this morning it was in talks to buy its American insurance company rival, AmerUS. Prudential also dropped 2.66% to 585.5p, and both may not have been helped by Standard Life’s announcement this afternoon which will see the UK’s newest FTSE 100 company join the index at 230p a share on Monday – at the lower...

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