London market closes higher amid falling oil prices
www.chinaview.cn 2008-08-06 07:11:03   Print

    LONDON, Aug. 5 (Xinhua) -- The London stock market closed higher on Tuesday amid falling oil prices.

    The benchmark FTSE 100 index ended the day's trading 134.30 points, or 2.52 percent higher at 5454.50.

    Travel companies were among the gainers with Wolseley jumping 14.79 percent to be followed by Thomas Cook, which rose 12 percent and TUI Travel, up 10 percent.

    Shares of banks also saw boost, with Barclays adding 8.8 percent and HBOS, 12 percent.

    Oil firms suffered after crude price fell below 120 dollars. John Wood Group lost 5 percent while Tullow Oil shed 4 percent.

Editor: Gao
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