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FTSE recovers nearly 1% after four days of decline

Discussion in 'Market News' started by Lily, Jan 12, 2016.

  1. Lily

    Lily Forum Member

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    Chinese moves to support yuan calm some nerves but oil continues to slide

    After four days of decline, the FTSE 100 was due a bounce and one finally came.

    The index finished up nearly 1% or 57.41 points at 5929.24, helped by news that China had moved again to support the yuan, calming some of the nerves surrounding the outlook for the world’s second largest economy.

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