The FTSE 100 index of leading UK company shares finished the week at 5,466.36, up 62.98 points or +1.17% on the day and up 162.96 points (+3.07%) over the week.
Investors seemed unconcerned by the credit rating downgrade in Spain by Standard & Poor’s. Shares across Europe closed higher, following news of better than expected retail sales in the US.
Over a year the FTSE 100 has fallen from 5,727.20, a fall of 260.84 points or -4.55%.
£1 is currently worth $1.58110 US or €1.13980 Euros.
Brent Crude Oil Futures is currently priced at $114.69/barrel. Gold is $1,678.00/ounce and Silver is $31.82/ounce.
The UK Bank Rate is 0.5% and CPI inflation was 4.5% for the year to August 2011.
