Friday, July 6, 2007

Higher oil prices boost FTSE; US jobs data eyed

(Reuters) - Britain's leading share index rose 0.5 percent by mid-session on Friday ahead of key U.S. jobs data, as oil shares sparkled with crude prices surging past $75 a barrel to an 11-month high.

At 1052 GMT, the FTSE 100 was up 35.4 points, or 0.53 percent at 6,670.6. European shares also traded higher before the release of the U.S. non-farm payrolls at 1230 GMT, which investors hope will shed further light on the state of the world's largest economy.


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