Rise in oil price ends FTSE back over 4500 points

clock

The FTSE 100 index has closed up over the 4500 level again after rallying throughout the day on the back of strong trading for Cadbury Schweppes and oil firms.

Cadbury, the confectioners and drinks manufacturer, gained 10.75p or 2.5% to 445.75p to push the FTSE 100 up 26 points or 0.6% to 4515.8 while the FTSE All-Share added 11.33 points or 0.5% to 2256. BP, Europe's largest oil company, closed the day at a 19-month high of 490.25p having closed up 8p or 1.7%. Its rival Shell Transport, which owns 40 percent of Royal Dutch/Shell Group, also added 8.5p or 2.3% to 378p, thanks to a rise in the Brent crude price in London to $33.46 a barrel. Cadbury, the world's third-largest maker of soft drinks, climbed 10.75 pence, or 2.5 percent, to 445.75...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Quality investing: Holding conviction when markets test investors

Quality investing: Holding conviction when markets test investors

Quality investors have no doubt had their conviction 'severely tested' of late

Scott Spencer
clock 31 March 2026 • 5 min read
Darius McDermott: The five-year laggards - can they revive?

Darius McDermott: The five-year laggards - can they revive?

'It's a complex backdrop for investors'

Darius McDermott
clock 31 March 2026 • 6 min read
Protecting portfolios during heightened inflation risk

Protecting portfolios during heightened inflation risk

'This is a year for careful, defensive positioning'

Fahad Hassan
clock 30 March 2026 • 3 min read