• FTSE 100 up 0.3% to 6,825
• Gold down 0.42% to $1,314.85/oz
• £/$ – 1.7013
The FTSE 100 ended the week in a positive mood on Friday, adding 0.3% to close at 6,825.
Drug-maker Shire was once again the highest climber, up 17% after it rejected a takeover bid from US firm AbbVie. Other top performers included International Consolidated Airlines, which added 2.4%, and Easyjet, which was 1.9% higher.
In Europe, the Paris CAC 40 fell 22 points to 4,541, and the German Xetra Dax slipped 17 points to 9,987.
In the US, the Dow Jones Industrial Average and the S&P 500 each rose 0.2% to 16,947 and 1,962 respectively. The Nasdaq Composite also added 0.2% to 4,369.
Overnight in Japan, the Nikkei 225 gained 0.1% to 15,369 and the broader Topix slipped 0.1% to 1,267. And in China, the Shanghai Composite and the CSI 300 each fell 0.1% to 2,024 and 2,134 respectively.
In the forex markets this morning, sterling was trading against the US dollar at 1.7026 and against the euro at 1.2528. The dollar was trading at 0.7358 against the euro and 101.87 against the Japanese yen.
And in the UK, George Osborne called for a high-speed rail line to be built between Manchester and Leeds. The link would cost £7bn and create “northern powerhouse”, the chancellor said in a speech this morning.