Record oil prices dictate markets

The ordinary "B" shares of the recently merged firm have added 45p to 1913p, along with it’s "A" shares climbing 38p to 1834p, as oil prices skyrocket to new records. UK bank Standard Chartered continues to climb, adding a further 29p to 1240p, after it yesterday reported a 28% increase in first-half profit aided by acquisitions and rising revenue at its consumer and corporate banking units. Heating and plumbing specialist, Wolseley has shed 21p to 1148p, with recruitment Group Hays, retreating 1.75p to 129.25p. In Tokyo the Nikkei 225 Stock Average added 1% to 11,900.32 at its close ...