This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-34547998

The article has changed 3 times. There is an RSS feed of changes available.

Version 1 Version 2
FTSE 100 boosted by rising oil shares Shire bid talk sends FTSE higher
(about 4 hours later)
(Noon): Oil and commodity-related stocks bolstered the London market as crude and metals prices rose. (Close): Drugmaker Shire was the top gainer on the FTSE 100, rising 3.1% amid speculation that it was looking to take over US rival Radius Health.
Shares in oil giants BP and Royal Dutch Shell were both up more than 2% as crude prices rose slightly on Friday after several days of declines. Its performance boosted the benchmark index, which closed up 39.37 points or 0.62% at 6,378.04.
Mining firm Glencore topped the risers board, rising 2.8% on the back of positive broker comments and rising copper prices. Oil stocks also bolstered the London market as crude and metals prices rose.
The benchmark FTSE 100 was up 34.76 points at 6,373.43. Shares in oil giants BP and Royal Dutch Shell were both up more than 1% as crude prices rose slightly on Friday after several days of declines.
Shares in Burberry continued to slide on worries over demand in Asia. Burberry's shares had dropped 8% on Thursday after it said trade in China was "increasingly challenging", and they fell a further 2.4% after German fashion house Hugo Boss said it also been affected by the slowdown in Asia. Shares in Burberry continued to slide on worries over demand in Asia. Burberry's shares had dropped 8% on Thursday after it said trade in China was "increasingly challenging", and they fell a further 1.9% after German fashion house Hugo Boss said it also been affected by the slowdown in Asia.
Shares in drugmaker AstraZeneca slipped 1% after it said US regulators had not approved a diabetes treatment, and had asked for more clinical data. Shares in drugmaker AstraZeneca slipped 0.6% after it said US regulators had not approved a diabetes treatment and had asked for more clinical data.
Rio Tinto shares were trading flat. Earlier on Friday, the mining giant had reported a 17% rise in iron ore shipments in the third quarter, saying it had used some of its stockpiles to meet demand. Rio Tinto shares closed 0.8% lower. Earlier on Friday, the mining giant had reported a 17% rise in iron ore shipments in the third quarter, saying it had used some of its stockpiles to meet demand.
On the currency markets, the pound dropped 0.1% against the dollar to $1.5454 and was unchanged against the euro at €1.3613. On the currency markets, the pound dropped 0.19% against the dollar to $1.5438 and was down 0.14% against the euro at €1.3594.