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Energy shares lift FTSE 100 FTSE 100 lifted by energy shares
(5 months later)
(Close): The FTSE closed higher as blue-chip shares built on their strong performance last week.(Close): The FTSE closed higher as blue-chip shares built on their strong performance last week.
Saudi petroleum minister Ali Naimi's comments that the oil price would recover spurred a brief rebound in Brent crude to $63 a barrel, before it eased to $60 a barrel.Saudi petroleum minister Ali Naimi's comments that the oil price would recover spurred a brief rebound in Brent crude to $63 a barrel, before it eased to $60 a barrel.
Shares in oil giants Royal Dutch Shell and BP rose sharply before closing almost flat.Shares in oil giants Royal Dutch Shell and BP rose sharply before closing almost flat.
The FTSE 100 index rose 31.47 points, or 0.5%, to 6576.74.The FTSE 100 index rose 31.47 points, or 0.5%, to 6576.74.
Tesco shares were down 2.4% at 181p. The Financial Reporting Council announced on Monday it would be investigating "the preparation, approval and audit" of Tesco's financial statements for the 2012, 2013 and 2014 financial years.Tesco shares were down 2.4% at 181p. The Financial Reporting Council announced on Monday it would be investigating "the preparation, approval and audit" of Tesco's financial statements for the 2012, 2013 and 2014 financial years.
Shares in B&Q owner Kingfisher rose 1.8% to 330.1p after the DIY retailer said it had sold a majority stake in its B&Q China business.Shares in B&Q owner Kingfisher rose 1.8% to 330.1p after the DIY retailer said it had sold a majority stake in its B&Q China business.
Kingfisher is selling a 70% stake in the business to Wumei Holdings for £140m.Kingfisher is selling a 70% stake in the business to Wumei Holdings for £140m.
On the currency markets, the pound slipped 0.03% against the dollar to $1.5622 and fell 0.2% against the euro to €1.2754.On the currency markets, the pound slipped 0.03% against the dollar to $1.5622 and fell 0.2% against the euro to €1.2754.