Market numbers: Friday 29th November 2013
- Julia Docker
- Nov 29, 2013
- 1 min read
The FTSE 100 index of leading UK company shares finished the week at 6,650.57, closing down 3.90 (-0.06%) on the day and down 23.73 points (-0.36%) over the week.
Banking stocks performed well on Friday, with the relaxation of a new rule determining the quality of assets banks must hold to cover risks from pension liabilities.
The overall index was dragged lower by weak mining stocks, with investors profit taking after the sector rose by 3% in the previous two sessions.
The FTSE 100 index remains 13% higher since the start of the year, despite falling during November and being down by around 3% since reaching its 13 year peak of 6,875.62 in late May.
Over a year the FTSE 100 has risen from 5,870.30, a rise of 780.27 points or +13.29%.
£1 is worth $1.63710 US or €1.20480 Euros.
Brent Crude Oil Futures is currently priced at $110.11/barrel. Gold is $1,253.00/ounce and Silver is $19.93/ounce.
The UK Bank Rate is 0.5% and CPI inflation was 2.5% for the year to October 2013.