The FTSE 100 index of leading UK company shares finished the week at 6,693.44, closing up 27.31 (+0.41%) on the day and down 14.98 points (-0.22%) over the week.
The combination of technical support and the prospect of continued quantitative easing in the US sent stocks higher on Friday.
Energy and mining sectors were the biggest gainers on the day.
In the US, Federal Reserve chairman Janet Yellen spoke in defence of the central bank’s QE programme and helped to dispel concerns about an early tapering of the programme.
Over a year the FTSE 100 has risen from 5,722.00, a rise of 971.44 points or +16.98%.
£1 is worth $1.61140 US or €1.19440 Euros.
Brent Crude Oil Futures is currently priced at $108.38/barrel. Gold is $1,287.25/ounce and Silver is $20.64/ounce.
The UK Bank Rate is 0.5% and CPI inflation was 2.5% for the year to October 2013.
