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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/03/oil-price-stability-helps-ftse.jpg"><img class="alignnone size-full" title="New signs of oil prices stability helped the FTSE 100 Index to rise 40 points to 6033.9" src="http://londonglossy.com/wp-content/uploads/2011/03/min-oil-price-stability-helps-ftse.jpg" alt="New signs of oil prices stability helped the FTSE 100 Index to rise 40 points to 6033.9"/></a></p>
<p>Fresh signs of oil price stability helped the FTSE 100 Index return above the 6,000 barrier on Tuesday amid strong gains for mining stocks.</p>
<p>The price of Brent crude remained near 112 US dollars a barrel as traders bet that safer supplies can continue to meet demand, despite the ongoing crisis in oil-producing Libya and uncertainty elsewhere in the region.</p>
<p>The FTSE 100 Index, which has been rocked by fears that soaring oil prices will derail the economic recovery, improved 40 points to 6033.9.</p>
<p>Among commodity stocks on the front foot, Antofagasta lifted 37p to 1444p, Lonmin cheered 40.5p to 1876.5p and Kazakhmys improved 30.5p to 1474.5p.</p>
<p>Fresh from Primark&#8217;s warning of subdued trading since January, retail stocks have been dealt a fresh blow after HMV&#8217;s second profits warning this year.</p>
<p>Next dropped another 29p to 1947p, Marks &#038; Spencer declined 4.15p to 432.25p and B&#038;Q owner Kingfisher fell 4.7p to 249.7p. HMV, which also warned it would breach certain terms on its bank loans, slumped another 3.9p to 16.9p.</p>
<p>HSBC shares remained under pressure after its warning on Monday that its higher regulatory burden will impact future profitability. Shares fell another 6.9p to 671.1p after dropping 5% on Monday.</p>
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