Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
London stock market winds down for Christmas (AFP)
and New Year festivities.
ended the week Friday at 5,196.81 points, a drop of 1.23 percent compared with a week earlier.
of the year with many investors taking an early Christmas break this weekend and not returning until the new year and so we may be simply trading through the motions and range bound until the heavier volumes start to come back,” said City Index analyst Joshua Raymond.
Since striking six-years lows in March at around the 3,500-points mark, London's FTSE has soared by about 50 percent in value.
Markets worldwide slumped in early 2009 on fears about governments' ability to overcome a deep recession.
is the last of the major economies still in recession, the country is expected to have returned to growth during the fourth quarter, or three months to December.
was the most traded stock Friday, seeing 614 million units change hands, followed by telecom giant Vodafone, which saw 230 million shares switch owners.
Liberty was the session's star performer, gaining 8.5 pence — or 1.77 percent — to finish at 489.
Inmarsat was up 11.5 pence — also 1.77 percent — to stand at 662.5.
The biggest loser of the day was Lloyds, which lost 2.4 pence — or 4.7 percent — to close at 48.7.
, which shed 47 pence — or 3.87 percent — to finish at 1166.
Sterling lost ground against both the euro and the dollar.
At 17:00, the pound was trading at $1.6075, down from $1.6132 at Thursday's close. Against the euro, the pound stood at 1.2589, down from 1.2688 over the same period.