World markets report

Markets rebounded from last week's shocks from the Dubai debt crisis, with most in positive territory - except US markets which suffered a delayed reaction over the Thanksgiving holiday.

On Friday The FTSE 100 made up some of the losses it sustained the previous day after the news of Dubai's debt crisis, rising 1% to close at 5,245.

Banks bounced back after being the focus of Thursday's gloom, headed by RBS, which gained 5.2%. HSBC, Barclays and Standard Chartered made more modest gains, but Lloyds saw a fall of 0.9%.

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