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FTSE-100 5891.21 30.46 .

LONDON'S top-flight shares hit their highest level for 2' years yesterday, amid market rumours of a bid from Royal Dutch Shell for rival BP.

Heavily-weighted BP rose 3% as traders cited vague speculation of Shell's interest in its closest competitor.

The talk added to cheer over positive retail data from the US. Meanwhile, on Wall Street, the Dow Jones Index finished up 47.98 (0.42%), at 11,476.54; the S&P rose 1.13 (0.09%), to close at 1,241.59; and the Nasdaq closed up 2.81 (0.11%), at 2,627.72.

MARKET REPORT: PAGE 15
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Title Annotation:Business
Publication:Daily Post (Liverpool, England)
Date:Dec 15, 2010
Words:101
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