FTSE 100 closes firmly higher as traders upbeat on US, China trade, possible Brexit deal
The UK's blue-chip benchmark closed 60.72 points up at 7,247.08 on the day. On the week as a whole, it added nearly 1.3%
FTSE 100 index closed higher on Friday as Wall Street shares also rose as traders were treated to burst of positive macro news on the US/China trade front and on Brexit.
The UK's blue-chip benchmark closed 60.72 points up at 7,247.08 on the day. On the week as a whole, it added nearly 1.3%.
Meanwhile, the more UK company focused FTSE 250 fared even better, surging 805.90 points up to close at 20,041.71, as optimism ramps up over a possible Brexit deal.
"In a nice change of pace, we heard positive mood music yesterday from the meeting between Prime Minister Johnson, and Ireland’s Leo Varadkar," said David Madden, market analyst at CMC Markets.
"The politicians said ...