10.05.2024 11:25:37 - dpa-AFX: FTSE 100 Climbs After Strong GDP Data
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks rose notably on Friday and
the British pound strengthened against other major currencies after data showed
the U.K. economy exited a technical recession in the first quarter, led by a
rebound in the services output and household spending.
Data from the Office for National Statistics showed that the U.K. gross domestic
product grew 0.6 percent from the fourth quarter, when the economy shrank 0.3
percent. Output had declined 0.1 percent in the third quarter last year.
Economists had expected the first quarter growth to come in at 0.4 percent.
GDP rose 0.2 percent year-on-year in the first quarter, beating expectations for
stagnation.
The benchmark FTSE 100 was up 61 points, or 0.7 percent, at 8,442 after edging
up 0.3 percent on Thursday.
Higher metal and oil prices boosted miners and energy stocks. Anglo American,
Antofagasta and Glencore all rose about 2 percent while BP Plc gained 1.2
percent and Shell added 1 percent.
CRH, a provider of building materials solutions, soared 4 percent after
reaffirming its full-year guidance.
British Airways owner IAG rose 0.6 percent after Q1 profit beat estimates.
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Copyright RTT News/dpa-AFX
|
Name |
WKN |
Börse |
Kurs |
Datum/Zeit |
Diff. |
Diff. % |
Geld |
Brief |
Erster |
Schluss |
|
CAC 40 |
969400 |
Paris |
7.628,57 |
21.06.24 18:05:02 |
-42,77 |
-0,56% |
- |
- |
7.653,14 |
7.628,57 |
|
FTSE 100 |
969378 |
Financial Times SE |
8.237,72 |
21.06.24 17:35:29 |
-34,74 |
-0,42% |
- |
- |
8.272,46 |
- |
|
DAX ® |
846900 |
Xetra |
18.163,52 |
21.06.24 17:50:00 |
-90,66 |
-0,50% |
- |
- |
18.254,57 |
18.163,52 |
|
E-STOXX 50 ® |
965814 |
STOXX Ltd. |
4.907,30 |
21.06.24 17:50:00 |
-40,43 |
-0,82% |
0,000 |
- |
4.945,02 |
4.907,30 |