The FTSE 100 rallied on Tuesday led by oil giant BP as the pound weakened and investors shrugged off concerns about eurozone economic growth. The FTSE 100 rallied on Tuesday led by oil giant BP as the pound weakened and investors shrugged off concerns about eurozone economic growth. David Madden, market analyst at CMC Markets, said: “The FTSE 100 hit a two-month high today. The biggest risers on the FTSE 100 were BP up 26.9p to 547p, Smurfitt Kappa up 110p to 2,270p, Ocado up 41.4p to 1,034p, and Burberry up 70p to 1,878p. The biggest fallers on the FTSE 100 were Segro down 5.8p to 641.2p, Associated British Foods down 13p to 2,409p, Fresnillo down 4.6p to 966.6p, and Barratt Developments down 1.2p to 546.4p.

Source: Irish Independent February 05, 2019 17:26 UTC