Optimism sees FTSE climb 100 points

&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;01&sol;optimism-sees-ftse-climb-100-points&period;jpg"><img class&equals;"alignnone size-full" title&equals;"The London Stock Exchange has opened 1&period;7&percnt; or 100&period;9 points higher at 6000&period;9" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;min-optimism-sees-ftse-climb-100-points&period;jpg" alt&equals;"The London Stock Exchange has opened 1&period;7&percnt; or 100&period;9 points higher at 6000&period;9"&sol;><&sol;a><&sol;p>&NewLine;<p>Investors have showed their optimism over prospects for the new year by powering London&&num;8217&semi;s FTSE 100 Index more than 100 points higher&period;<&sol;p>&NewLine;<p>The market seized on a strong session in New York as the top flight recouped losses seen on New Year&&num;8217&semi;s Eve to climb 1&period;7&percnt; or 100&period;9 points to 6000&period;9&period;<&sol;p>&NewLine;<p>Robust manufacturing data and a strong session for financial stocks meant the Dow Jones Industrial Average closed almost 1&percnt; higher on Monday&period;<&sol;p>&NewLine;<p>Asian stocks followed America&&num;8217&semi;s lead as investors eyed the possibility of further progress in the recovery of the world&&num;8217&semi;s biggest economy&period;<&sol;p>&NewLine;<p>This global optimism meant oil prices hit 92 US dollars &lpar;£59&rpar; a barrel&comma; near to a two-year high and triggering a share price rise of almost 5&percnt; for BP&period;<&sol;p>&NewLine;<p>The beleaguered oil giant climbed 20&period;1p to 485&period;65p&comma; while rival Royal Dutch Shell added 30&period;5p to 2146p&period;<&sol;p>&NewLine;<p>Other significant risers included Royal Bank of Scotland&comma; which recovered from weakness over Christmas&comma; to lift 1&period;6p to 40&period;6p&period;<&sol;p>&NewLine;<p>In corporate news&comma; Blacks Leisure gave the retail sector an unexpected boost by posting December sales figures ahead of market forecasts&period;<&sol;p>&NewLine;<p>The cold snap helped increase like-for-like sales in its outdoor business by 10&period;2&percnt; last month&comma; despite strong comparative figures the previous year&period; Shares jumped 2p to 42p&comma; a rise of 5&percnt;&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-69e3ec67bade5">&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-69e3ec67bade5'&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>


Discover more from London Glossy Post

Subscribe to get the latest posts sent to your email.

- Advertisement -