FTSE 100 higher led by oil shares

Note: This section contains information in English only.
Source: Dukascopy Bank
FTSE 100 index extended gains on Thursday on news Greece will finally conclude its debt swap agreement. Oil shares and miners provided the biggest upside contribution to the index. Petrofac Ltd rallied 3.7% after J.P. Morgan Cazenove raised stock's rating from neutral to overweight, citing regained confidence in 2013 earnings growth. Other crude providers also advanced on surging oil prices. BP PLC  gained 0.8% and Royal Dutch Shell PLC soared 1.6%. At the moment of writing FTSE 100 index trades 1.18% or 68.27 points higher at 5,859.68.

Back to articles

Actual Topics

Thu, 08 Mar 2012 16:53:24 GMT

DAX 30 climbs 1.7% on Greek debt swap

German DAX index rallied on Thursday as worries over Greek default disappeared. Heavyweight financials supported the index on upside with Deutsche Bank AG climbing 3.4% and Commerzbank AG adding 1.3%. BMW AG improved 1.3% after the auto maker posted a 51% increase in full-year profit and raised dividends. Deutsche Post AG led the gains after issuing an optimistic revenue predictions

Thu, 08 Mar 2012 16:30:05 GMT

Agriculture tumbled on improved harvest conditions in South America

Rural commodities fell on Wednesday ahead of USDA report on crop estimates due on Friday. Wheat posted loses as UN lifted its forecast on the global wheat crops to the second highest over the last decades. The estimations of the world's wheat harvest vary from 678 million tons to 682 million tons. Corn futures declined as China's rejected rumours that

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.