Waning fears over U.S. inflation push FTSE 100 to fourth weekly rise
작성일 22-09-08 03:29
페이지 정보
작성자Brenna Huntingf… 조회 30회 댓글 0건본문
By Sruthi Shankar
Aug 12 (Reuters) - Britain's top share index logged its fourth consecutive week of gains on Friday, as global sentiment got a boost from signs of waning U.S. inflation even as domestic data showed Britain's economy contracted in the second quarter.
The blue-chip FTSE 100 ended 0.5% higher at a two-month high. The index has outperformed its global peers this year, aided by weakness in sterling and its large exposure to energy and defensive companies.
Sterling slid against a firming dollar as data showed Britain's economy contracted by 0.1% in the June quarter, compared with forecasts for Online Betting a 0.3% drop.
However, Online Betting the data still pointed to growing weakness among consumer-facing sectors of the economy, such as retail and online betting restaurants, that are most exposed to a worsening cost-of-living crisis.
Aug 12 (Reuters) - Britain's top share index logged its fourth consecutive week of gains on Friday, as global sentiment got a boost from signs of waning U.S. inflation even as domestic data showed Britain's economy contracted in the second quarter.
The blue-chip FTSE 100 ended 0.5% higher at a two-month high. The index has outperformed its global peers this year, aided by weakness in sterling and its large exposure to energy and defensive companies.
Sterling slid against a firming dollar as data showed Britain's economy contracted by 0.1% in the June quarter, compared with forecasts for Online Betting a 0.3% drop.
However, Online Betting the data still pointed to growing weakness among consumer-facing sectors of the economy, such as retail and online betting restaurants, that are most exposed to a worsening cost-of-living crisis.
댓글목록
등록된 댓글이 없습니다.