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The rally was driven by the strengthening of banking stocks, as companies such as Lloyds Banking Group and Barclays improved.
An increase of at least five per cent was recorded by both firms as governments across Europe drew closer to introducing measures to deal with the region's debt crisis.
Despite a brief rally at the end of the week, the FTSE 100 index closed the period 5.6 per cent down.
However, those learning how to trade may be interested to learn that fund manager Paul Mumford, of Cavendish Asset Management, told Reuters: "I think that over the long term, equities are going to be quite attractive."
On September 22nd, the FTSE 100 fell by 246.8 points, a 4.67 per cent dip that represents the greatest points drop seen since November 2008.
Posted by Greg Secker
