Arab Today, arab today mining oil sectors help ftse 100 rise
Last Updated : GMT 18:50:25
Arab Today, arab today
Arab Today, arab today

Mining, oil sectors help FTSE 100 rise

Arab Today, arab today

Arab Today, arab today Mining, oil sectors help FTSE 100 rise

Mining
London - XINHUA

 FTSE 100 Index, the British benchmark stock market gauge, increased by 0.25 percent, or 16.09 points, to 6,567.24 points on Friday.
The mining and oil sectors led the stock index higher on Friday as oil prices rose on account of a weaker U.S. dollar and improved German trade data.
German exports and factory output rebounded in September, easing recession fears, the country's statistics office showed on Friday. Germany's seasonally-adjusted trade surplus grew to 18.5 billion euros (about 22 billion U.S. dollars) in September.
Apart from this, the British deficit on trade in goods and services was estimated to have been 2.8 billion pounds (4.44 billion U.S. dollars) in September 2014, significantly larger than the 1.8 billion pounds recorded a month earlier, the British Office for National Statistics (ONS) reported on Friday.
Fresnillo's share price increased by 4.93 percent, topping the gainers of the blue chips. BHP Billiton, IMI, Petrofac and Anglo American increased by 2.95 percent, 2.85 percent, 2.76 percent and 2.67 percent respectively.
Admiral Group led the top losers of the blue chips with a share price drop of 3.49 percent, followed by RSA Insurance Group (3.02 percent), WM Morrison Supermarkets (2.38 percent), Direct Line Insurance Group (2.09 percent) and ARM Holdings (2.09 percent).
The index has gained 0.73 percent so far this year when adjusted in U.S. dollars.

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