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Sunday, December 21, 2014, Poush 7, 1421, Safar 27, 1436 Hijr

FTSE 100 rise as oil prices rebound
Published : Sunday, 21 December, 2014,  Time : 12:00 AM,  View Count : 10
LONDON, Dec 20:  FTSE 100 Index, the British benchmark stock market gauge, Today increased by 1.23 percent, or 79.27 points, to 6,545.27 points.
Brent and U.S. crude oil futures prices recovered from earlier falls and started to rebound on Friday.
British public sector net borrowing registered a year-on-year decline of 10 percent and reached 14.1 billion pounds (22 billion U.S. dollars) in November 2014, according to the Office for National Statistics Friday.
The scale of public deficit is smaller than the market expectation consensus.
Tullow Oil's share price increased by 6.85 percent, topped the gainers of the blue chips. Tesco, Randgold Resources, Morrison Supermarkets and BHP Billiton increased by 5.46 percent, 4.41 percent, 3.65 percent and 3.57 percent percent, respectively.
TUI AG Reg Shs led the top losers of the blue chips with a share price drop of 3.25 percent, followed by SSE (1.46 percent), Smiths Group (1.29 percent), Sky (1.22 percent) and Shire (1.13 percent).
The index has gained 0.07 percent so far this year when measured in U.S. dollar.    ?Agencies

Editor : Iqbal Sobhan Chowdhury
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