Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
FTSE ends higher on US economic data (AFP)
on Friday as sentiment was lifted by data showing stronger-than-expected US economic growth chalked up in the final quarter of last year.
gained 0.83 percent to end the week at 5,188.52 points.
A US government report earlier showed the US economy roaring to life in the fourth quarter with a 5.7 percent growth rate on the back of brisk business spending to replenish inventories.
Lloyds was the most traded stock, seeing 190 million units change hands, followed by Vodafone, which saw 155 million shares switch owners.
topped the leader board, gaining 45 pence — or 3.3 percent — to finish at 1,409, followed by energy sector consulting group Amec, which added 21 pence — or 2.85 percent — to stand at 758.
The session's biggest loser was independent broker Icap, which slipped 10.5 pence — or 2.75 percent — to close at 371.2, followed by international leisure travel group TUI Travel, which shed 4.8 pence — or 1.817 percent — to finish at 259.7.
Meanwhile, sterling lost ground to the dollar and the euro.
At 17:06, the pound was trading at $1.6008, down from $1.6141 at the same time Thursday, while against the euro, the pound stood at 1.1541 euros, slipping from 1.1552 over the same period.