Strong FTSE gains after Japan rate cut
- 29 January 2016
- From the section Business
(Close): London shares rose sharply on Friday, boosted by the the Bank of Japan, which cut interest rates to negative, and a strong start on Wall Street.
The FTSE 100 index rose 127.7 points, or 2.15%, to close at 6,059.5.
Top gainer was the satellite firm Inmarsat, which rose 5.2% following analysts' comments.
The Dax in Frankfurt closed up 1.6% while the Cac40 in Paris rose 2.2%.
The Bank of Japan's cut left Asian markets with gains of between two and three per cent.