The British index FTSE 100 fell on Friday, the increase in the pound sterling having penalized exporting companies, while Burberry has skyrocketed after the quarterly sales of the luxury company were superior to forecasts thanks to the right season Holidays in the United States.
The FTSE 100 fell 0.3 % to 1214 GMT, but still seems to be on the right track for its fifth consecutive week of gains.
The reference index has reached a record level this week, while global actions have jumped on the signs that US President Donald Trump adopted a more flexible position with regard to customs tariffs against China and sought to stimulate the American economy by reducing taxes and making major investments in artificial intelligence.
The pound sterling climbed 0.5 % compared to the dollar on Friday, because the absence of concrete pricing policies during the first week of Mandate of Trump penalized the dollar, which weighed on the actions of global companies such as Shell and HSBC.
World minors listed in the United Kingdom, such as Antofagasta, Glencore and Rio Tinto, have climbed while copper prices have reached their highest level for more than two months, thanks to the hope of a trade agreement between The United States and China.
The FTSE 250 average values index won 0.3 %, stimulated by an increase of 13 % of Burberry shares after the company reported a lower than expected drop of 4 % of quarterly store sales comparable and said it was now more likely that it will record a profit during its financial year.
-The results stimulated the actions of other European companies in the luxury sector, including Kering and LVMH.
The publisher of Harry Potter, Bloomsbury Publishing, increased by 3.8 % after renewing its supply agreement with Amazon.
Meanwhile, an investigation has shown that lukewarm growth in British businesses has only accelerated slightly at the beginning of 2025, employment and optimism should be contracted again while pressures on Price increased, emphasizing the challenge facing the Bank of England (BOE).
This survey is the latest sign of dull growth and a weakening of the job market since the Minister of Finance, Rachel Reeves, increased social charges for companies in its budget of October 30.
Traders expect that there are 81 % chance that the interest rate will be reduced by 25 base points on February 6, the date of the next meeting of managers of the Boe monetary policy.
Related News :