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| Version 3 | Version 4 |
|---|---|
| London shares buoyed by Wall Street | London shares buoyed by Wall Street |
| (less than a minute earlier) | |
| (Close): London's benchmark index continued to move higher on Friday, following Thursday's 2% jump. | (Close): London's benchmark index continued to move higher on Friday, following Thursday's 2% jump. |
| The FTSE 100 closed up 1.2%, or 79 points at 6,545.27, with Europe's other main stock markets also rising. | The FTSE 100 closed up 1.2%, or 79 points at 6,545.27, with Europe's other main stock markets also rising. |
| Tesco shares were amongst the biggest gainers, up by 5%, boosted by a positive analyst note. | Tesco shares were amongst the biggest gainers, up by 5%, boosted by a positive analyst note. |
| John Wood, the energy services group, dropped 1%, despite former boss Ian Wood saying fears of a collapse in North Sea oil industry were overdone. | John Wood, the energy services group, dropped 1%, despite former boss Ian Wood saying fears of a collapse in North Sea oil industry were overdone. |
| The price of oil was up 1.3% for Brent at $60.58. | The price of oil was up 1.3% for Brent at $60.58. |
| Still in the energy sector, Tullow Oil shares were up nearly 7%, reversing an earlier fall of almost 2%. | Still in the energy sector, Tullow Oil shares were up nearly 7%, reversing an earlier fall of almost 2%. |
| Global markets have pulled out of their recent slump after the US Federal Reserve reassured that it will take a patient approach to raising interest rates. | Global markets have pulled out of their recent slump after the US Federal Reserve reassured that it will take a patient approach to raising interest rates. |
| On Thursday that pushed the Dow Jones up by 2.4%, its biggest one-day surge in three years. | On Thursday that pushed the Dow Jones up by 2.4%, its biggest one-day surge in three years. |
| For the week, the FTSE 100 closed up 3.9%, adding £62bn in value to London's top 100 listed firms. However, it still did not recover from last week's slump, when it saw its worst week in three years. | For the week, the FTSE 100 closed up 3.9%, adding £62bn in value to London's top 100 listed firms. However, it still did not recover from last week's slump, when it saw its worst week in three years. |