FTSE shrugs off sky-high oil prices

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;03&sol;ftse-shrugs-off-skyhigh-oil-prices&period;jpg"><img class&equals;"alignnone size-full" title&equals;"The FTSE 100 Index consolidated recent gains by opening 18&period;1 higher at 6023&period;1" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;03&sol;min-ftse-shrugs-off-skyhigh-oil-prices&period;jpg" alt&equals;"The FTSE 100 Index consolidated recent gains by opening 18&period;1 higher at 6023&period;1"&sol;><&sol;a><&sol;p>&NewLine;<p>A strong session for Asian markets helped London&&num;8217&semi;s FTSE 100 Index shrug off sky-high oil prices and consolidate its recent gains&period;<&sol;p>&NewLine;<p>The top flight index stood 18&period;1 points higher at 6023&period;1 after jumping more than 90 points on Thursday night on positive data from the United States showing that American firms are hiring more workers&period;<&sol;p>&NewLine;<p>Tokyo&&num;8217&semi;s Nikkei 225 was up 1&percnt; as Asian markets seized on the encouraging signals from the world&&num;8217&semi;s biggest economy&comma; despite Brent crude remaining in the region of 116 US dollars a barrel&period;<&sol;p>&NewLine;<p>Hints from the European Central Bank that a rise in interest rates could be on the cards at its next meeting also failed to derail markets&period;<&sol;p>&NewLine;<p>Advertising giant WPP provided the focus for corporate results after the blue-chip company reported a strong end to 2010 and a 27&percnt; rise in full-year profits&period;<&sol;p>&NewLine;<p>It forecast like-for-like revenues growth of 5&percnt; this year but shares slipped 2&percnt;&comma; or 18&period;5p to 818p&comma; following a recent strong run&period;<&sol;p>&NewLine;<p>Outside the top flight&comma; shares in online grocer Ocado continued their recent improvement after the recently-listed company said it remained profitable in the first quarter of its financial year&period; It added that sales increased by 24&period;7&percnt; to £146&period;2 million in the 12 weeks to February 20&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-69e3c3e892187">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-69e3c3e892187'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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