FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound ...Middle East

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FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound
source : Devdiscourse ( Middle East ) () 66
London's FTSE 100 rose on Friday after data showed Britain's economy contracted less than feared in the second quarter, while drugmaker GSK steadied after heavy selling this week on litigation concerns. The FTSE 100 rose 0.6% and was on course for a fourth straight weekly gain, while the FTSE 250 midcap index edged up 0.1%, also set for a weekly rise.

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