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FTSE 100 closes higher on Friday

Xinhua, January 24, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Friday increased by 0.53 percent, or 36.20 points, to 6,832.83.

The London stock index rose on Friday as continued optimism about the massive bond-buying plan announced by the European Central Bank (ECB).

The good economic data from Britain also help to lift the stock index.

British retail sales rose by 4.3 percemt year-on-year in December 2014, data from the Office for National Statistics (ONS) showed Friday. This is the 21st consecutive month of year-on-year growth.

Associated British Foods' share price increased by 3.18 percent, topping the gainers of the blue chips. Reckitt Benckiser Group, CRH, Unilever and Pearson increased by 2.96 percent, 2.50 percent, 2.48 percent and 2.35 percent percent respectively.

Glencore led the top losers of the blue chips with a share price drop of 5.82 percent, followed by Antofagasta (4.80 percent), Tullow Oil (4.38 percent), Anglo American (3.62 percent) and Rio Tinto (2.81 percent).

The index has gained 4.17 percent so far this year when measured in U.S. dollar. Endit