{"id":14662,"date":"2021-10-05T09:32:07","date_gmt":"2021-10-05T09:32:07","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/05\/ftse-100-rises-on-growth-optimism\/"},"modified":"2021-10-05T09:32:07","modified_gmt":"2021-10-05T09:32:07","slug":"ftse-100-rises-on-growth-optimism","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/05\/ftse-100-rises-on-growth-optimism\/","title":{"rendered":"FTSE 100 Rises On Growth Optimism"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks advanced on Tuesday after a survey showed accelerating growth in September. <\/p>\n<p>The final reading of the IHS Markit\/CIPS composite Purchasing Managers&#8217; Index (PMI), which combines Britain&#8217;s services and manufacturing sectors, edged up to 54.9 from 54.8 in August. That was also higher than the preliminary estimate of 54.1.<\/p>\n<p>The benchmark FTSE 100 climbed 42 points, or 0.6 percent, to 7,053 after ending 0.2 percent lower on Monday. <\/p>\n<p>Higher yields lifted banks, with Lloyds Bank and Standard Chartered Bank rising around 2 percent.<\/p>\n<p>Baker and fast-food chain Greggs jumped 5.6 percent after raising its annual profit forecast. <\/p>\n<p>Turnaround specialist Melrose dropped 2.2 percent after it warned of chip shortages and supply chain problems. <\/p>\n<p>Commercial landlord Great Portland Estates gained 0.7 percent. The company reported its &#8220;strongest&#8221; quarterly performance since the pandemic took hold. <\/p>\n<\/p>\n<p>Market Analysis<\/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 On Growth Optimism<\/a><br \/>\n<br \/>2021-10-05 09:32:07<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks advanced on Tuesday after a survey showed accelerating growth in September. The final reading of the IHS Markit\/CIPS composite Purchasing Managers&#8217; Index (PMI), which combines Britain&#8217;s services and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-14662","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14662","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=14662"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14662\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14663"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}