London shares close higher, at peak as oil price worries ease
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British blue chips ended firmer, finishing at session highs after a late spurt in moderate trade reflecting the benefits of easier crude prices, albeit with Wall Street shares slightly weaker, dealers said.
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U.S. stocks ended higher on Wednesday,  as investors shrugged off record crude oil prices and bought  beaten-down shares, pushing blue chips to close above 10,000  for the first time in 2 weeks.
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Leading shares closed higher, with further gains across the miners and fresh M&amp;A talk among financials giving the FTSE 100 a leg-up towards the 6,000 level in thin Labor Day volumes, dealers said.
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Leading shares finished the session comfortably higher, at their best levels in almost 2-1/2 years, boosted by positive news from BSkyB and a broadly positive morning on Wall Street, dealers said.
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Oil prices rose to record highs on  Monday, pushing crude in London above $50 for the first time  and extending a relentless rise that has added around 65  percent to the cost of crude this year.
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London equities moved sharply higher on Thursday after a rebound on Wall Street overnight.
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UK blue chips closed higher, just off the late afternoon peak after rallying from earlier falls in tandem with an jump on Wall Street as the latest weekly US jobless claims numbers eased worries over the health of the world&#39;s largest economy.
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Leading shares closed higher after a late afternoon rally in response to an uptick in the Dow Jones Industrial Average (DJIA) as crude prices slipped back in New York.
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UK blue chips closed higher with takeover speculation once again providing the excitement in an otherwise quiet session, while a well-received batch of US economic data eased Wall Street's fears of future interest rate hikes, dealers said.
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Major European stock markets ended higher Tuesday as oil prices slid below 50 US dollars a barrel, boosting airline stocks, and as UBS bank&#39;s key wealth management operation turned in a robust performance.
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UK blue chips closed stronger today, just off the late afternoon peak lifted by a rally from hard-pressed banking issues, with Wall Street pushing higher in morning deals following better than expected numbers from Lehman Brothers, and ahead of a likely Fed interest rate cut later today.
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Leading shares closed stronger, just off late session highs with Wall Street posting good gains as above-forecast headline US PPI data proved mainly to be due to fuel price rises, with a benign inflation picture seen overall.
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London's main FTSE 100 index closes above the key 6,000 level, boosted by takeover talk in the steel sector.
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British blue chips closed on a bullish note, lifted by strong gains across US markets following the release of positive economic data, and as oil prices slumped on easing supply concerns.
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Resource stocks kept London equities in positive territory on Friday, and fresh record oil prices helped BP shares shrug off news of record fines from US regulators.
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Sharp gains for oil majors helped the FTSE 100 close higher Thursday for a sixth straight session.
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London equities rallied at the close to finish higher after spending much of the day in negative territory.