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FTSE finishes up on Friday

By Richard Williams
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Posted 25 April 2008 @ 08:27 am GMT

The FTSE 100 share index rose 40.7 points to 6,091.4 (up 0.7 per cent) on Friday after a good day for banks and oil firms.

LSE
The London Stock Exchange in an undate file photo. IBTimes/Alan Channer

Banks Alliance && Leicester, Barclays, HBOS, HSBC, Lloyds TSB and Royal Bank of Scotland all saw their share values rise 0.5-4.4 per cent.

The London Stock Exchange itself rose 3.6, while fellow financial company ICAP rose 4.1 per cent.

Oil companies rose after oil prices reached $119 per barrel, BP was up 0.9 per cent, BG Group increased 2.3 per cent, while Royal Dutch Shell rose 0.4 per cent.

Pharmaceuticals had a mixed performance, with GlaxoSmithKline up 1.3 per cent, but Shire down 4.3 per cent.

Mining companies also had varied performances. BHP Billiton, Rio Tinto and Xstrata all saw their share values rise. Anglo American, Antofagasta and Kazakhmys however all saw their values fall 0.8-3.3 per cent.

Media firms saw their fortunes fail on Friday, with advertising company WPP down 6.0 per cent and ITV down 1.5 per cent.

Transport companies FirstGroup and Go-Ahead Group did well however with shares up 4.7 and 14.2 per cent respectively.

Cleaning materials company Reckitt Benckiser and housebuilding firm Barratt Developments fell, with share values down 1.9 and 5.9 per cent respectively.

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