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WORLD MARKETS: London
Independent, The (London), Apr 25, 2002
A RALLY among banks countered declining oil shares, leaving the FTSE 100 up 27.2 points at 5,218.2. Banks added 35 points to the FTSE 100 as Barclays surged more than 6 per cent to a record high ahead of its annual meeting today. The drugs giant GlaxoSmithKline also injected 11 points to the blue-chip index after its first-quarter results came in at the top end of expectations.
But BP and Shell slid as Brent crude oil prices dropped sharply. Market report, page 22
Copyright 2002 Independent Newspapers UK Limited
Provided by ProQuest Information and Learning Company. All rights Reserved.
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