• FTSE 100 up 0.2% to 6,547
• Gold up 1.78% to $1,391.90/oz
• £/$ – 1.5633
The FTSE 100 edged higher on Friday, closing up 0.2% to end the week at 6,547.
Tullow Oil was the day’s highest climber, up 3.6% after announcing a discovery in the Barents Sea. Other top performers included engineering group Meggitt, which added 2.3%, and Antofagasta, which rose 2%.
In Europe on Friday, the Paris CAC 40 rose 43 points to 4,049, and the German Xetra Dax was 41 points higher at 8,275.
In the US, the Dow Jones Industrial Average slipped 0.1% 14,922, the S&P 500 was flat at 1,655, and the Nasdaq Composite added two points to 3,660.
Overnight in Asia, Japan’s Nikkei 225 rose 2.5% to 14,205, and the broader Topix index gained 2.2% to 1,173. In China, the Shanghai Composite leapt 3.4% to 2,212, and the CSI 300 was 3.5% higher at 2,440.
In the forex markets this morning, sterling was trading against the US dollar at 1.5652 and against the euro at 1.1883. The dollar was trading at 0.7591 against the euro and 99.55 against the Japanese yen.
And today, businesses in England and Wales are at their most optimistic since May 2011, according to the latest survey from accountants BDO. The BDO Optimism index, which predicts performance in the next two quarters, rose for the seventh month in a row to 98.0.
Our recommended articles for today
It may not be your regular fine wine investment, but this quirky bond is a smart idea, says Bengt Saelensminde.
Emerging markets are powering the growth behind cloud computing, says David Thornton. And none more so than this London-listed Malaysian penny share.