FTSE 100 CLOSE: Petrofac leads climbers on euro firewall boost

The FTSE 100 was ahead at the end of the week’s last trading session as European leaders moved to strengthen the region’s financial firewall.

Friday came to an end with the blue-up index up 26.42 points to 5,768.45. Earlier in the day, eurozone finance ministers agreed to increase the total size of the bloc’s rescue funds to €800 billion (£667 billion).

Energy services company Petrofac showed the strongest gains of the day, rising by 5% to 1,740p. The stock was aided by analysts adding the company to recommendation lists.

Engineering firm Weir Group gained 3.9% to hit 1,764p and asset manager Man Group advanced 3.7% to 134.8p. Steel producer Evraz rose 3.3% to 369.5p while broadcaster ITV took 3.2% to reach 88.35p.

Biopharmaceutical company Shire was the biggest fall today, after a clinical study for bowel drug Lialda showed the medicine to be no better than a placebo.

Gold miner Randgold Resources, telecoms company Vodafone, British American Tobacco and Imperial Tobacco Group completed the day’s five largest fallers.