The FTSE 100 index of leading UK company shares finished the week at 5,552.29, up 62.95 points or +1.15% on the day and up 387.64 points (+7.51%) over the week.
It was the biggest weekly rise in the FTSE 100 index for over three years, as global markets responded positively to news on the eurozone debt crisis and lower US jobless figures.
December has historically been a good month for equity markets, with investors seeking to get cash into stocks by the end of the year. The FTSE 100 has only experienced a monthly fall in December three times in the past decade.
Over a year the FTSE 100 has fallen from 5,767.60, a fall of 215.31 points or -3.73%.
£1 is currently worth $1.55980 US or €1.16440 Euros.
Brent Crude Oil Futures is currently priced at $110.10/barrel. Gold is $1,747.00/ounce and Silver is $33.15/ounce.
The UK Bank Rate is 0.5% and CPI inflation was 5.0% for the year to October 2011.
