Markets
FTSE rises on Friday
By Richard Williams
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Posted 27 June 2008 @ 09:37 pm GMT
The FTSE 100 share index rose on Friday. By the end of the day the index was up 0.2 per cent by 11.7 points to 5,529.9.
A bus drives past the London Stock Exchange in an undated file photo. IBTimes/Alan Channer
FTSE up as energy stocks gainBanks made losses with Barclays down 1.9 per cent, Bradford & Bingley down twenty per cent and HSBC down 1.2 per cent.
Commodities made gains with oil firms BG Group up 4.2 per cent, Cairn Energy rising 3.9 per cent and Tullow Oil rising 5.3 per cent.
Miners also rose with BHP Billiton, Eurasian Natural Resources, Kazakhmys and Lonmin up 4.1 to 3.5 per cent.
Retailers were down with J Sainsbury down 2.1 per cent, Tesco falling 1.3 per cent and Wm Morrison down 2.3 per cent.
Pharmaceutical companies also fell with AstraZeneca down 2.4 per cent and Reckitt Benckiser falling 2.7 per cent.
This article is copyrighted by the International Business Times.
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