London close: Weak pound, Chinese trade data boost Footsie

London stocks jumped at the end of the week, helped by weakness in the pound and as investors digested better than expected Chinese trade data. The FTSE 100 was up 1.0% to 7,393.96, with the pound erasing 0.45% to trade at 1.1394 against the euro, having hit a six-month high of 1.1510 earlier. Sterling was also lower against the Greenback, losing 0.58% to 1.34006. David Morrison, chief market analyst at GKFX, said: "Cable rallied in early trade this morning adding to yesterday's sharp gains ...

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