Financial Times FT.com

Financials push Footsie to four-month high

By Bryce Elder and Neil Hume

Published: May 19 2009 08:26 | Last updated: May 19 2009 20:15

Petrofac joined the market advance on Tuesday as the FTSE 100 reached its best level since early January.

Shares in the oil services group rose by 3.7 per cent to 624½p after Cazenove argued that concerns over its ability to meet orders was unjustified.

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