World markets report
Markets rose slightly on Friday, boosted by banks and mining stocks. The FTSE 100 gained 0.1% for a rise of 2.2% on the week.
The FTSE 100 rose slightly on Friday with miners countering falling energy stocks. The index closed up 0.1% at 5,494, a rise of 2.2% for the week.
ENRC led the market's climbers with a rise of 5.2% after being upgraded from 'hold' to 'buy' by RBS. Others in the sector put in a good showing, with Kazakhmys up 2.5%, Xstrata rising 2.3% and Anglo American 1.9% higher.
Banks were mixed; Barclays was up 1.6% and HSBC rose 0.5%, but Lloyds slipped 0.05% and
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RBS fell 2.1%.
Oil stocks weighed on the index, however. Tullow Oil fell 1.4%, Royal Dutch Shell was 1.1% lower and BP slipped 0.3%. BG Group added 0.2%.
Read the latest stock market news and charts here.
Europe
In Europe, the Paris CAC 40 rose 21 points to 4,045; and the German Xetra Dax was 18 points higher at 6,038.
US
In the US, the Dow Jones Industrial Average rose 0.1% to 10,618; the S&P 500 added 0.3% to 1,144; and the Nasdaq Composite gained 0.7% to 2,317.
Asia
In Japan, markets were closed for a holiday. In China, the Shanghai Composite index gained 0.5% to 3,212; and the CSI 300 closed up 0.06% at 3,482.
Commodities
Brent spot was trading at $81.60 early today, and in New York, crude oil was at $83.48. Spot gold was trading at $1,157 an ounce, silver was at $18.80 and platinum was at $1,577
Currencies
In the forex markets this morning, sterling was trading against the US dollar at 1.6132 and against the euro at 1.1108. The dollar was trading at 0.6887 against the euro and 92.29 against the Japanese yen.
UK news
And today, Britain's financial sector is at its most pessimistic in over a year, according to the confederation of British Industry (CBI). In the CBI's latest survey, a balance of 13% of financial firms said they expect to see a fall in business this quarter, the highest since December 2008. The CBI's chief economic adviser, Ian McCafferty, said: "The bounce in UK financial services activity over the past six months is not expected to last as we enter 2010."
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