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London shares buoyed by Wall Street



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FTSE 100 Index

Last Updated at 20 Nov 2017, 16:21 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7389.46 +
+8.78
+
+0.12

Top winner and loser

Barclays

188.75 p +
+3.75
+
+2.03

Mediclinic International

538.50 p -
-17.00
-
-3.06
value change %

FTSE 250 Index

19871.29 +
+73.46
+
+0.37

FTSE 350 Index

4109.31 +
+6.64
+
+0.16

FTSE All Share Index

4058.05 +
+6.27
+
+0.15

FTSE Techmark Index

4557.80 +
+4.17
+
+0.09

(Close): London's benchmark index continued to move higher on Friday, following Thursday's 2% jump.

The FTSE 100 closed up 1.2%, or 79 points at 6,545.27, with Europe's other main stock markets also rising.

Tesco shares were amongst the biggest gainers, up by 5%, boosted by a positive analyst note.

John Wood, the energy services group, dropped 1%, despite former boss Ian Wood saying fears of a collapse in North Sea oil industry were overdone.

The price of oil was up 1.3% for Brent at $60.58.

Still in the energy sector, Tullow Oil shares were up nearly 7%, reversing an earlier fall of almost 2%.

Global markets have pulled out of their recent slump after the US Federal Reserve reassured that it will take a patient approach to raising interest rates.

On Thursday that pushed the Dow Jones up by 2.4%, its biggest one-day surge in three years.

For the week, the FTSE 100 closed up 3.9%, adding £62bn in value to London's top 100 listed firms. However, it still did not recover from last week's slump, when it saw its worst week in three years.