FTSE rides again after yesterday's losses

The FTSE 100 index has so far climbed 18.9 points or 0.39% to 4808 after Royal Dutch/Shell Group announced its profits are up 28% thanks to the rising price of oil, from $4.33bn to $5.55bn. Surprisingly, however, Shell’s share price is actually flat at present, standing still at 468p. But GSK has seen gains of 35p or 2.82% to £12.76 after announcing one of its profitable drugs is likely to be back on the market again in the very near future. And Allied Domecq, the drinks producer, has also risen 20.5p or 3.05% to 693.5p, on the back of its takeover potential by Diageo, and Pearson ...