UK shares surge, Rolls Royce marks the fourth-largest gain in the FTSE

Shares in the United Kingdom surged on Friday, following a three-day loss, which pared the weekly drop to 0.74%. The FTSE 100 Index (UKX) gained 22.65 points, or 0.34% to close at 6,757.77 in London on Friday. The broader benchmark, FTSE All-Share Index, climbed 0.3%. The number of shares of FTSE 100-listed companies, traded on Friday, was 16% less, compared to the average number during the past 30 days, according to data by Bloomberg News.

Shares of TUI Travel PLC (TT/:LN) recorded the largest gain within the FTSE 100, adding 13.500 GBp, or 3.46%, to close at 403.500 GBp.

Shares of Barratt Developments PLC (BDEV:LN), a property developer and builder, gained 11.600 GBp, or 3.20%, to close at 374.500 GBp on Friday.

Shares of the international insurer Aviva PLC (AV/:LN) rose 2.44%, or 12.200 GBp to close at 512.000 GBp.

Rolls-Royce Holdings PLC (RR/:LN) added 23.000 GBp, or 2.20% to close at 1,069.000 GBp. According to Reuters, Airbus will probably choose the British manufacturer of aero, marine and industrial gas turbines for civil and military aircraft as the sole supplier of engines for its enhanced jet. The media also states General Electric Co. as the main alternative supplier for the Airbus A330.

Shares of BG Group PLC (BG/:LN), a company specialized in exploring, developing, producing, liquefying, and marketing hydrocarbons with a focus on natural gas, dropped 28.000 GBp, or 2.20%, to close at 1,246.500 GBp on Friday.

Shares of the international banking group Standard Chartered PLC (STAN:LN) lost 10.50 GBp, or 0.87%, to close at 1,192.50 GBp.

Shares of Reed Elsevier PLC (REL:LN), a publishing and information providing company, fell 0.74%, or 7.000 pence, to close at 935.500 GBp. Barclays downgraded its rating on the companys stock to equal weight (or neutral) from the equivalent rating of “recommended to buy”. According to Barclays, Reed’s potential for growth was completely priced into the shares.