UK Shares Post Weekly Gains Led by Banks and Miners
London equities notched consecutive weekly gains on Friday. Bank and precious metal mining shares climbed to offset losses in the energy sector. Meanwhile, British consumer confidence reached a two-year high.
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United Kingdom equities notched a second consecutive weekly gain on Friday afternoon, led by strength in banking and mining shares that offset energy sector declines. The benchmark FTSE 100 index rose 0.14% to close at 10,695.25 points. This performance kept the index in positive territory for the week despite pressure from falling oil prices.
