FTSE 100 Holds Steady After GDP Data
From Nasdaq: 2024-08-15 05:15:29
The U.K. economy saw growth in the second quarter, with a 0.6% increase in real gross domestic product. The services sector drove the quarterly growth, offsetting contractions in industrial and construction output. The FTSE 100 remained stable at 8,287 after a 0.6% rise on Wednesday. Admiral and Rank Group saw significant stock surges, with Admiral reporting strong first-half 2024 results and Rank Group returning to profitability thanks to a strong year of trading.
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