Financial Times FT.com

S&P index hits eight month high

By Miles Johnson

Published: June 11 2009 11:27 | Last updated: June 11 2009 23:22

Prices rose across the board on Thursday as gains for oil, metals and agricultural raw materials pushed the S&P GSCI commodities index to its highest in nearly eight months.

The spot S&P GSCI, the benchmark of the asset class, hit 478.2 points, up more than 37 per cent since the start of the year, attracting more investors’ money into commodities funds.

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