{"id":12879,"date":"2021-08-13T09:25:38","date_gmt":"2021-08-13T09:25:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/13\/ftse-100-rises-amid-recovery-optimism\/"},"modified":"2021-08-13T09:25:38","modified_gmt":"2021-08-13T09:25:38","slug":"ftse-100-rises-amid-recovery-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/13\/ftse-100-rises-amid-recovery-optimism\/","title":{"rendered":"FTSE 100 Rises Amid Recovery Optimism"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks rose on Friday, with a weaker pound and optimism over an economic recovery offering some support. The pound struggled after GDP data for the second quarter fell short of the Bank of England&#8217;s forecast of 5 percent growth. <\/p>\n<p>The benchmark FTSE 100 rose 28 points, or 0.4 percent, to 7,221, heading for a fourth straight weekly gain. <\/p>\n<p>Defense contractor Babcock jumped 6.6 percent after it agreed to sell its consultancy unit Frazer-Nash for 293 million pounds ($404.5 million) in cash.<\/p>\n<p>Diversified miner BHP Group gained about 1 percent amid speculation it may announce a decision on exiting fossil fuels next week. <\/p>\n<p>Technology company Avon Protection plunged 24 percent after cutting its revenue guidance for the next two years.<\/p>\n<p>BP Plc and Royal Dutch Shell were moving lower as oil prices dropped on fuel demand concerns. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Rises Amid Recovery Optimism<\/a><br \/>\n<br \/>2021-08-13 09:25:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks rose on Friday, with a weaker pound and optimism over an economic recovery offering some support. The pound struggled after GDP data for the second quarter fell short&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-12879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=12879"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12880"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}