London's FTSE 100 set for weekly gains; Barratt surges

Published 08/01/2021, 09:27
Updated 08/01/2021, 09:30
© Reuters.
UK100
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BTRW
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FTMC
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(For a Reuters live blog on U.S., UK and European stock
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* FTSE 100 up 0.2%, FTSE 250 adds 0.8%

Jan 8 (Reuters) - Britain's FTSE 100 index rose on Friday
and was on track to end the week with gains of more than 6% as
investors bet on a swift economic recovery, while Barratt
Developments surged on plans to resume dividend payouts next
month.
The UK's biggest homebuilder BDEV.L surged 3.5% to the top
of the FTSE 100 as it also posted a rise in forward six-month
sales. The blue-chip FTSE 100 index .FTSE gained 0.2%, led by
consumer discretionary and energy stocks.
The domestically focussed mid-cap index .FTMC rose 0.8% as
data showed Britain's job market strengthened for the first time
in three months in December.

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