• FTSE 100 up 0.8% to 6,551
• Gold up 0.32% to $1,229.05/oz
• £/$ – 1.6349
The FTSE 100 bounced back on Friday after better than expected employment figures emerged from the USA. The index closed up 0.8% at 6,551.
The energy sector was in demand. Oil services firm Petrofac was the best performer of the day, rising 6.7%. Royal Dutch Shell added 2.9%, Tullow Oil rose 1.5% and BG Group was 1.1% higher.
In Europe, the Paris CAC 40 rose 30 points to 4,129, and the German Xetra Dax added 88 points to 9,172.
In the US, the Dow Jones Industrial Average rose 1.3% to 16,020, the S&P 500 added 1.1% to 1,805, and the Nasdaq Composite was 0.7% higher at 4,062.
Overnight in Asia, Japan’s Nikkei 225 gained 2.3% to 15,650, and the broader Topix index rose 1.6% to 1,255. And in China, the Shanghai Composite added one point to 2,238, and the CSI 300 slipped 0.1% to 2,450.
In the forex markets this morning, sterling was trading against the US dollar at 1.6369 and against the euro at 1.1937. The dollar was trading at 0.7292 against the euro and 103.13 against the Japanese yen.
And in the UK, the rate of growth in job vacancies is at its highest for 15 years. In November, the Recruitment and Employment Confederation’s job vacancies index was at its highest since July 1998. Wages are also beginning to rise, with starting salaries for permanent staff climbing faster than at any time since November 2007.
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