Markets: FTSE 100 bounces back on oil merger rumours

In yesterday's markets, the FTSE 100 was back on, climbing 1.3% on rumours that Royal Dutch Shell and BP are to merge.

The FTSE 100 was back on the rise yesterday, climbing 1.3% on rumours that Royal Dutch Shell and BP are to merge.

BP was up 4.7% on the news, and Shell added 4.1%. Other energy stocks were also in demand. Tullow Oil was the day's top performer with a 4% rise, and BG Group gained 3.4%.

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