Close, but no cigar … Footsie raced to within a couple of points of 6,900 this morning before receding to 6,874.
That was still a respectable 44 point gain on a day when a number of ex-div stocks were weighing on the index.
Plant hire group Ashtead (LON:AHT) was the best blue-chip performer, after it raised full year guidance as first quarter profit rose by a third with business booming in both the UK and US. The shares climbed 3.6%.
Among the mid-caps, Booker (LON:BOK) was dented by news that German retailer had dumped its stake in the cash-and-carry operator.
Among the small caps, US oil producer Nostra Terra (LON:NTOG) jumped by 10.7% as it bought a working interest in 6,100 net acres in the White Buffalo prospect in Wyoming, where the total recoverable potential is up to 13 mln barrels.
Electronic invoicing leader Tungsten (LON:TUNG) finished up 26.7.5p at 371.5p after completing a placing of shares at 340p each, raising £12mln.
Late yesterday the company announced the acquisition of DocuSphere, which provides accounts payable automation services.
The Horse Hill-1 well, near Gatwick, will be key to unlocking an estimated mean 671mln barrels and 456bn cubic feet of gas.
As well as Solo, Regency Mining (LON:RGM) has binding agreements in place to acquire 10% and 5% respectively with other stakeholders David Lenigas’s UK Oil & Gas Investments(LON:UKOG), Stellar Resources (LON:STG), Doriemus (LON:DOR) and Alba Minerals (LON:ALBA).
Magnolia Petroleum (LON: MAGP) jumped 6% as it received US$1mln for consultancy advice it gave to an international group buying a project in the Oklahoma oil and gas region.