Nasdaq

Share prices largely ended the day down on the FTSE 100 index after falling oil prices and a huge FSA fine for Shell lowered the confidence in the British-listed oil giants.

Strong earnings potential for money managers Schroders and Amvescap lifted the FTSE 100 back over the 4400 mark.

Stock values on the London Stock Exchange are down again this morning in part because of that climbing oil price in New York, which is not far from the $50 a barrel mark.

A mixed day of trading on the London Stock Exchange saw the FTSE struggle to make gains as big names BAE and Barclays lost ground.

Trading on the FTSE 100 index ended the day without any gains after a bad start for mining stocks and companies now trading without offering a dividend.

Lower than anticipated income for mining giant BHP Billiton has forced the FTSE 100 down this morning, as there has been little to lift the mood.

Banks are back as the dominant force in the London stock markets this morning, but the fluctuation between major players has so far offered little gain.

It was oil prices earlier today which kept the FTSE afloat, but by the end of Monday's trading, the tide had turned towards the prospects for coal and mineral prices.

Nothing seems to be stopping the oil price from climbing further but traders are so far happy at least about the affect this will have on profit potential for the UK's listed oil companies.

Record oil prices in yesterday's trading is impacting the UK stock markets again today, even though Schroders has boosted the market with more than double first-half profits.