Business Today in Two Minutes: D1 Oils Looks at Selling Its Sites ; Stocks and Shares

The JournalMay 22, 2008

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Summary


THE FTSE 100 Index recovered some of its lost ground yesterday after the steep fall of almost 3% on Tuesday as investors took flight at the unsettling news that oil had passed the EUR130 a barrel level.

The share prices of major oil stocks BP, Royal Dutch Shell, BG and Cairn Energy all surged higher. News of a pounds 4.9bn rights issue from tobacco giant Imperial Tobacco was also received well.

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Business Today in Two Minutes: D1 Oils Looks at Selling Its Sites ; Stocks and Shares

In the Regional Portfolio, there were corporate announcem...

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