Premier Oil shares among risers, Parkmead fall
World markets suffered another day of losses today amid the escalating crisis in Cyprus.
World markets suffered another day of losses today amid the escalating crisis in Cyprus.
The FTSE 100 Index moved back above the 6,500 mark today thanks to a shares rally from retailers.
London's blue chip index slipped into the red today, having finished at its highest level in five years in the previous session.
The prospect of a knife-edge US presidential election shook investors' confidence and sent the FTSE 100 Index lower today.
Wood Group said yesterday it was on track to increase profits by more than 15% this year, thanks to worldwide growth across its divisions.
The FTSE 100 Index closed 25.4 points lower at 5,868.2 today.
French oil service group Technip said today its high-margin subsea work would drive full year profits after seeing strong growth in the sector, including in the North Sea.
Oil and gas firm EnQuest said yesterday it would spend more than £600million on at least 11 new wells in the UK North Sea this year and raised its stake in one of its oil fields.
Monetary chief Ben Bernanke doused market euphoria over the pace of the US recovery today by warning over the impact of rising oil prices.
Further signs of recovery in the US and renewed hopes of a bail-out for Greece helped boost world markets today.
The London market surged more than 3% today after six central banks including the Bank of England announced a move aimed at boosting lending to households and businesses.