FTSE 100 index slightly higher on Tuesday session

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Source: Dukascopy Bank SA
UK FTSE 100 index fluctuated between gains and losses on Tuesday. Financial turmoil in Spain kept weighing on investor sentiment. Traders were also cautious before US consumer confidence data. Positive effect came from speculation China will add monetary stimulus to its economy. Energy companies Tullow Oil and Glencore International surged 2% and 1.9% respectively as oil price climbed. On the downside Wolseley fell 4% after reporting weakness in its third quarter results. At the moment of writing FTSE 100 is 0.3% or 13 points up at 5,369.21. 

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Tue, 29 May 2012 14:17:58 GMT

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