{"id":40200,"date":"2023-11-01T09:23:47","date_gmt":"2023-11-01T09:23:47","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/11\/01\/ftse-100-rises-as-house-prices-show-surprise-rise\/"},"modified":"2023-11-01T09:23:47","modified_gmt":"2023-11-01T09:23:47","slug":"ftse-100-rises-as-house-prices-show-surprise-rise","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/11\/01\/ftse-100-rises-as-house-prices-show-surprise-rise\/","title":{"rendered":"FTSE 100 Rises As House Prices Show Surprise Rise"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks were slightly higher on Wednesday as investors reacted to mixed earnings updates and looked ahead to the Federal Reserve&#8217;s decision on rates. <\/p>\n<p>In economic releases, data showed British house prices in October were 0.9 percent higher than in September, supported by a lack of properties for sale. <\/p>\n<p>The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 7,334 after finishing marginally lower on Tuesday. <\/p>\n<p>Clothing and homeware group Next rallied 3.4 percent after raising its profit guidance for the fourth time so for this fiscal year.<\/p>\n<p>Likewise, pharmaceutical giant GSK rose about 1 percent after upgrading its financial guidance for the second time this year. <\/p>\n<p>BHP rose 0.6 percent. The chief executive of the mining giant said China&#8217;s demand for commodities including iron ore and copper remains robust despite signs of lackluster economic recovery in the country and troubles in the property market.<\/p>\n<p>ASOS plunged 10 percent after the embattled fast fashion retailer posted a near \u00a3300m annual loss.<\/p>\n<p>Aston Martin Lagonda plummeted 14 percent. The luxury carmaker lowered its 2023 volume outlook for the DB12 model after posting a wider-than-expected third-quarter loss. <\/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 As House Prices Show Surprise Rise<\/a><br \/>\n<br \/>2023-11-01 09:23:47<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were slightly higher on Wednesday as investors reacted to mixed earnings updates and looked ahead to the Federal Reserve&#8217;s decision on rates. In economic releases, data showed British&#8230;<\/p>\n","protected":false},"author":2,"featured_media":40201,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-40200","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/40200","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=40200"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/40200\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/40201"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=40200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=40200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=40200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}