This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-35192384
The article has changed 3 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
FTSE 100 higher after Christmas break | FTSE 100 higher after Christmas break |
(about 5 hours later) | |
(Close): London's leading shares ended the day higher as a modest recovery in oil prices helped to boost European and US markets. | |
The benchmark FTSE 100 index rose 59.93 points, or 0.96%, to 6,314.57. | |
The price of Brent and US light crude rose 2.5% and 2.2% a barrel respectively, having fallen close to 11-year lows on Monday. | |
Hikma Pharmaceuticals was the biggest gainer, up 4.75%, while housebuilders also outperformed. | |
Shares in Taylor Wimpey, Berkeley Group and Persimmon were all up between 2.9% and 3.5%. | |
The biggest faller on the index was mining giant Anglo American, down almost 7.5%. | |
It comes amid ongoing weaknesses in the commodities sector and follows Anglo's sale of a shuttered Australian mine for A$25m (£12.2m; $18m) last week. | |
Also falling were commodities trading firm Glencore and Chilean miner Antofagasta, down 0.7% and 2.6% respectively, on continuing worries over China's economic slowdown. | |
European shares were trading more strongly, with Germany's Dax up 1.9% and France's Cac 40 1.8% higher. | |
On the currency markets, the pound fell 0.35% against the euro to €1.355, and 0.78% against the dollar, to $1.479. |