BENGALURU, Jan 20 (Reuters) – UK’s commodity-heavy FTSE 100 bounced back on Friday after ending lower in the previous session, supported by miners and energy firms, while marketing firm 4imprint jumped on an upbeat profit forecast.
Industrial metals (.FTNMX551020) and energy firms (.FTNMX601010) were the biggest boost on the benchmark index gaining 1.0% and 1.3%, respectively, as crude oil and copper prices climbed on a brighter economic outlook from top-consumer China.
Meanwhile, data showed that monthly retail sales in December unexpectedly narrowed further as higher food prices squeezed consumers. However, the retail sector (.FTNMX404010) added 0.2%.
4Imprint Group (FOUR.L) rose 3.8%, after it said it expected full-year profit before tax to be above the upper end of range of analysts’ forecasts.
Reporting by Johann M Cherian in Bengaluru; Editing by Rashmi Aich
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