British Stocks at One-Year High Post Fifth Straight Weekly Gainsby
British equities traded at their highest prices in more than a year, posting their longest run of weekly advances since November 2014.
The FTSE All-Share Index added 0.1 percent on Friday, taking its gain for the week to 1.9 percent. The FTSE 250 Index of mid-cap shares rose 0.6 percent, a seventh day of increases. It also advanced for a fifth week, which for the gauge was the longest streak in more than three years. The FTSE Small Capitalisation Index, up for an eighth day, extended a record.
The FTSE 100 Index of large companies was little changed. Miners slipped after data signaled China’s recent economic stabilization faltered in July, while EasyJet Plc and Marks & Spencer Group Plc rallied more than 3.8 percent. Coca-Cola HBC AG added 2.3 percent, reaching its highest price since January after forecasting on Thursday a better second half of the year.