17 June 2010 Archive
FTSE rises for seventh day as BP promises to set up compensation fund
The FTSE 100 advanced 53.40 points, or 1 per cent, to 5,291.32 in early trading as stocks rose for a seventh day, with the FTSE 100 Index heading for its longest streak of gains since July 2009, after BP agreed to cancel its dividend and set up a $20 billion fund to compensate victims of the worst spill in US history. |
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