FTSE 100 Gains As Consumer Confidence Improves
(RTTNews) - U.K. stocks were moving higher on Friday as a survey showed British consumer confidence rebounded in February to its highest level in almost a year.
Research group GfK said its index of consumer confidence, a closely watched measure of how people view their personal finances and the economic outlook, rose by seven points to -38. This is the highest reading since April 2022 for the index.
The benchmark FTSE 100 rose 24 points, or 0.3 percent, to 7,931 after declining 0.3 percent in the previous session on ex-dividend trades.
British Airways-owner IAG tumbled 3.3 percent as it announced deal for the remaining shares in Air Europa it did not already own.
Jupiter Fund Management soared 14 percent after recording positive net inflows in the last six months of 2022.
European Shares Drift Lower Ahead Of US Inflation Reading
Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
Asian Shares Mixed Ahead Of US PCE Inflation Data
NZ Dollar Advances Against Majors
Australian Dollar Rises Against Majors
European Shares Seen Mostly Lower Before US Inflation Data
Sensex, Nifty Struggle For Direction In Early Trade
