16-12-2016 18:09 via uk.news.yahoo.com

FTSE posts second week of gains, oil lends support

By Kit Rees and Atul Prakash LONDON (Reuters) - Britain's top share index edged higher on Friday, building on a seven-week high hit the previous day and buoyed by a rally among oil stocks, though IT firm Micro Focus dropped after a rating downgrade. The blue-chip FTSE 100 closed 0.2 percent higher at 7,011.64 points after climbing on Thursday to 7,010.48 points, its highest level since late October. Energy stocks added the biggest number of points to the index, with shares in BP rising 2.1 perce
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