Market numbers: Friday 7th May 2010
The FTSE 100 index of leading UK company shares finished the week at 5,123.02, down 137.97 points or -2.62% on the day and down 430.27 points (-7.75%) over the week.
It was a bad week for European and global stockmarkets, with fears spreading of the Greece financial crisis having a big impact on the banking sector. A suspected trading error in the US on Thursday did little to calm already jittery markets, and the uncertainty caused by a hung parliament in the UK proved to be bad news for the FTSE.
Over a year the FTSE 100 has risen from 4,398.70 (724.32 points or 16.47%).
£1 is currently worth $1.46820 US or €1.15920 Euros.
Brent Crude Oil Future is currently priced at $78.51/barrel. Gold is $1,202.25/ounce and Silver is $17.70/ounce.
The UK Bank Rate is 0.5% and CPI inflation was 3.4% for the year to March 2010.