After a dreadful start to 2024, the FTSE 100 finally appeared to pick up some steam this week and ended with its best one-day performance since October.
By the close in London the index had gained 105.36 points, or 1.40%, to finish the week at 7,635.09.
It came amid wins almost everywhere, only the supermarkets and electricity generators seemed to be struggling during the day.
Tesco, Sainsbury’s, Marks & Spencer, Centrica and SSE were all crowded towards the bottom of the UK’s main index.
“The FTSE 100 is … seeing a strong session, rising to two-week highs and its biggest weekly gain since last September, driven by a strong performance from its big caps of AstraZeneca, Shell, BP, HSBC, Unilever and Diageo in a broad-based rebound,” said CMC Markets analyst Michael Hewson.
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