FTSE back above 5,000 level

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The FTSE is back over the 5,000 mark, paced by firms in the energy sector, including United Utilities.

The London benchmark index has advanced 25.20 points to close the day at 5,00.2 points, with United Utilities adding 15.75p to 428.75p. Natural gas firm BG Group is also up 8.25p to 422.25p, as Crude oil went past $55 a barrel for a second day in New York, after concern that a possible increase in OPEC production will fail to meet current demand. Smith & Nephew is also up 10.5p to 546p. Leading the day’s fallers is supermarket chain Morrison, down 6p to 213p, after a stock downgrade, while betting firm William Hill has also slipped 9p to 568p at close. In the US, the Dow Jones Indus...

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