FTSE buoyed by oil shares after OPEC agrees supply curbs

FTSE buoyed by oil shares after OPEC agrees supply curbs
 

Britain's top share index approached a 1-1/2 year high on Thursday, boosted by heavyweight oil companies after a decision by OPEC to curb output for the first time since 2008. [O/R]
Outsourcing group Capita (CPI.L), however, missed out on the broader market rally, slumping 26.7 percent after issuing a profit warning.
The blue-chip FTSE 100 index .FTSE closed up 1 percent at 6,919.42 points, within touching distance of its 2016 peak of 6,955 points which was its highest level since April 2015.
A rise in the shares of oil companies was the main driver behind the FTSE's gains, with Royal Dutch... read more

 
29 September 2016 in World News, Views: 31
Source: Reuters
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