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MENAFN - Saudi Press Agency - 09/02/2014

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(MENAFN - Saudi Press Agency) Britain's top shares rose for a third straight session on Friday, led by mining companies, which were helped by an upbeat outlook from steelmaker ArcelorMittal, Reuters reported.

UK equities sold off after a disappointing U.S. jobs report, then recovered on confidence that shares will continue to benefit as global economic growth picks up speed.

Data showed that U.S. employers hired fewer workers than expected in January. Non-farm payrolls rose by 113,000, compared with a consensus forecast of 185,000, although the unemployment rate hit a five-year low of 6.6 percent.

The FTSE 100 closed up 13.40 points, or 0.2 percent, at 6,571.68 points. It had dropped to a session low of 6,540.81 just after the jobs report was released

 






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