Prudential and mining stocks led the FTSE100 higher at the end of the week, up 26.90 to 5719.30.
The insurer announced strong profits for 2007 while the miners benefited from the high commodity prices. BHP Billiton (up 33.00), Rio Tinto (up 116.00) and Anglo American (up 56.00) were all in the top five winners list. Meanwhile, supermarkets had a weaker end to the week with Morrison down 7.75 at 282.00 and Tesco falling 6.50 to 387.25. In the US, markets also closed up following positive news from Standard & Poor's that asset write-downs of financials could be ending. The Dow Jones rose 35 points to 12,145 despite investor concerns about the state of the US economy. However, the...
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