FTSE up despite gloomy US job figures

Friday 8th January 2010

The FTSE 100 ended the week up despite the announcement of a surprising rise in job losses in the US.

Last month some 85,000 people were made unemployed in North America, much greater than analysts had predicted.

At close of play on Friday the London index stood at 5,534.24, up 7.52 points, or 0.14 per cent.

Leading the gains all day was Eurasian Natural Resources Corp, ending up over five per cent, or 51 points, at 1,034p.

Legal and General Group also recorded strong gains, up 3.06 per cent.

Royal Bank of Scotland Group and London Stock Exchange Group suffered significant loses of 2.09 per cent and 2.21 per cent respectively.

The biggest loser on Friday though was Man Group which witnessed drops of 2.32 per cent to 319.8p. ADNFCR-1783-ID-19548364-ADNFCR

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