Previous close | 18,686.60 |
Open | 18,686.85 |
Volume |
Day's range | 18,686.85 - 18,845.86 |
52-week range | 14,630.21 - 18,845.86 |
Avg. volume | 72,825,359 |
This rise in GDP means that the British economy is no longer in a technical recession.
World stocks rallied on Thursday, led by surging European shares and a larger-than-expected rise in U.S. weekly jobless claims that buoyed interest rate cut hopes, while the dollar eased as the market awaits key inflation data next week. Following a sluggish open, the major U.S. indices pulled higher with the Dow industrials rising for a seventh straight session.
As anticipated, Threadneedle Street left rates unchanged at 5.25%, where they have been since August.