Closing post
Time to wrap up… here are today’s main stories:
European markets close
After a relatively calm day, the FTSE 100 has closed 12 points higher at 7484 tonight, a gain of 0.17%.
Oil giant BP was the top riser, up 2.3%, followed by airlines group IAG (+2.2%), while miners Glencore and Rio Tinto both gained 2% as fears that the banking crisis would trigger an economic downturn faded.
France’s CAC 40 index was 0.2% higher, while Spain’s IBEX gained 0.4% and Germany’s DAX was 0.1% higher.
