The FTSE 100 closed higher for a sixth consecutive day on Friday, helping the blue-chip index register is second weekly gain. Hopes that Government and central bank stimulus plans are helping an economic recovery gain momentum pushed the FTSE 100 up 3.2% on the week. Yesterday, the blue-chip index rose 8.94 points to 5172.89, taking it close to a 52-week high. Darren Winder, strategist at Cazenove, said the market is likely to continue to rise as profits recover. He said: "The recovery in profits in 2010, and beyond, is likely to be stronger than expected previously . . . the risks to the outlook for the FTSE 100 over the next six to 12 months are weighted to the upside." FT Weekend, p1; Daily Telegraph, business, p33; The Times, markets, p61

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