GDP and manufacturing met the expectations, FTSE 100 opened in green
Investing.com – U.K. equities started with gains on Thursday, with rises in majority of sectors, the most notable ones being the Personal Goods, Gas Water & Multiutilities, Beverages and Real Estate sectors while Aerospace & Defense and Media dropped.
At the market open in London, the FTSE 100 Index rose slightly 0.03%. The FTSE 250 Index and the FTSE 350 Index also increased. The FTSE 250 climbed 0.22%, while the FTSE 350 increased by 0.19%.
Top Gainers:
- Severn Trent (LON:SVT): Climbed 2.45% or 64.0 points to 2,681.0
- United Utilities (LON:UU): Rose 1.69% or 18.00 points to 1,084.00
- Rightmove PLC (LON:RMV): Increased 1.26% or 6.80 points to 547.60
Top Losers:
- Antofagasta (LON:ANTO): Declined 1.05% or 23.00 points to 2,163.00
- Halma (LON:HLMA): Dropped 0.91% or 24.0 points to 2,628.0
- BAE Systems (LON:BAES): Fell 0.59% or 7.50 points to 1,272.50
In Commodities Trading:
- Gold Futures for August delivery rose 6.30 points to 2,386.00 a troy ounce.
- Crude Oil for August delivery added 0.48 points to 82.58 a barrel.
- September Brent Oil Contract dropped 0.58% or 0.49 points to 85.57 a barrel.
Currency Markets:
- GBP/USD is stable over 1.28 with a daily range of 1.2848-1.2868.
- EUR/GBP is stable at 0.84.
- The US Dollar Index Futures was up 0.04% at 104.684
Main Economic Events:
Today's main economic events in the United Kingdom are Monthly Growth, Industrial Production, Manufacturing and trade balances, which are expected to provide insights into the country's economic outlook and potential policy changes.
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