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Sunday 09th of January 2011

News Tag: 10-month high

August 24, 2009

Oil price hits 10-month high on back of economic recovery

by Kay Murchie
Oil price hits 10-month high on back of economic recovery
US light crude hit $74.49 (£45) a barrel by afternoon in Europe today - after reaching $74.81, its highest intra-day price in ten months, on the back of increasing demand. Meanwhile, London's Brent crude was 16 cents higher to $74.35 a barrel. This resulted in stock rising in BP, Royal Dutch Shell, BG Group and Cairn Energy, all ...

FTSE 100 soars to 10-month high

by Kay Murchie
Positive economic news and hopes of a global recovery boosted the FTSE 100 again today after the index soared to a ten-month high and smashed through the 4,900 mark. The gains followed those seen in Asia earlier today, which were spurred on by Federal Reserve chairman Ben Bernanke’s comments last Friday. Mr Bernanke’s comments came at a speech in the annual central bankers’ ...

August 4, 2009

Sterling hits 10-month high

by Kay Murchie
Optimism surrounding the UK economy continued today after the pound continued its gain against the US dollar. Sterling briefly reached as high as $1.7005 today - the highest level since October - before falling back to $1.6930. While the pound still has a long way to go to reach the $2 mark seen a year ago, it has recovered 25% from the 23-year low ...