Business · 2 hours ago
FTSE 100 index rises slightly as falling oil prices calm the markets
Britain's main market index climbed to 10,455 points on Friday, though it remains on track for its worst weekly fall since April. Energy costs dropped by about 3% following reports of talks to release extra crude supplies, which helped rate-sensitive homebuilding companies gain ground. Meanwhile, IG Group shares sank 22% because the online broker lowered its revenue predictions for the year.
Reported by Reuters · How we write briefs