The life insurance sector rose 6.5 per cent, its second week of strong gains. This sector is also benefiting from demutualisation, with Norwich Union floating next month.
The worst performing sector was diversified industrials, which fell 6 per cent, almost entirely accounted for by the decline of BTR, the leading stock in the sector. Engineering group TI was boosted on Friday as the pound fell. The company derives much of its earnings from overseas. Copyright: IOS & BloombergReuse content