FTSE 100 manages a strong end to a poor week

By the close the FTSE 100 was firmly higher, ending an unpromising week for equities on a brighter note as France and Germany reported stronger than expected data on industrial production. Across the Atlantic, stocks countered expectations for a sluggish start and instead recovered some of their losses from yesterday with the S&P 500 up 0.3% to 3,161.80 by 4.30pm UK time. Cruise operator Carnival gained 4.5% to 986p on reasonably positive second quarter trading update announced this afternoon. Gym Group dipped 0.1% to 149.6p despite confirming that it would reopen its fitness centres from 25 July, in line with government guidance. Component supplier... Read More

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