StockMarketWire.com - Oil majors benefitted from a stronger oil price after the US decided to re-instate sanctions against Iran, potentially restricting supply.

BP added 1.7% to 576.3p and Royal Dutch Shell advanced 1% to £26.29.

A rally in the mining sector also provided a boost with Anglo American gaining 3.5% to £17.36 and Glencore was up 3.9% at 326.3p.

BHP Billiton followed its peers higher, rising 2.2% to £17.24.

The FTSE 100 closed 0.7% higher at 7,718.

MID AND LARGE CAP RISERS AND FALLERS

Pizza delivery chain Domino's fell 9.3% to 288.5p following slower like-for-like sales growth, sluggish international growth and a cautious outlook in the UK, which accounts for the majority of its sales.

Investors focused on Standard Life Aberdeen's commitment to return up to £1.75bn to shareholders instead of a 37% drop in profits due to outflows from its funds as the shares rose 4.8% to 321.3p.

The impact of Brexit loomed over Hargreaves Lansdown, down 4.1% at £20.31. The wealth manager reported business inflows hit a record high, but revealed it was worried about the impact of Brexit on investor confidence.

Inspection specialist and product tester Intertek said sales fell 1.8% in the first half of its financial year, causing the stock to reverse 9.8% to £52.96.

Industrial flow control equipment firm Rotork dropped 6.1% to 333.2p. The market may have been pricing in better results than the double-digit growth in orders and rising sales and pre-tax profit it delivered.

SMALL CAP RISERS AND FALLERS

Global tech recruiter Harvey Nash received a takeover offer from The Power of Talent, owned by investment funds managed by DBAY Advisors. Shares in Harvey Nash rallied 16.6% to 130p.

Energy company Kibo Energy completed the second phase of its school support project, prompting a 8.5% jump in the share price to 4.8p.

Technical plastic products supplier Carclo dived 22.2% to 91.4p after Consort Medical announced it will not make a takeover offer the business.


Story provided by StockMarketWire.com