The weaker pound has given a leg up to Ashtead Group, with the equipment rental firm now forecasting better than expected full-year results.
The FTSE 100 was knocked on Wednesday following a surge in the pound sparked by reports of a pending Brexit deal.
Output from Britain’s manufacturing sector fell to its lowest level in more than two years in August following a collapse in overseas demand.
Commodity stocks were on the rise on Friday, with a rebound in metal and oil prices lifting crude producers and UK-listed miners.
The FTSE 100 started to bounce back on Monday as investors held out hope for US-China trade talks later this week.
The FTSE 100 bounced back on Thursday as fears over Turkey’s currency crisis and slowing growth in China eased.
More than £29 billion was knocked off the value of the FTSE 100 on Wednesday as fears over Turkey’s lira crisis and slowing growth in China spooked investors.
The FTSE 100 spent another session in the red as jitters over Turkey’s financial crisis continued to dampen appetite for European stocks.
London’s blue chip index fell into the red as investors worried over whether a financial crisis in Turkey could spread across Europe.
Sterling regained a modicum of poise on Thursday but fears of a no-deal Brexit continue to spook currency traders.