The index gained 24.75 factors, or 0.32%, to shut at 7,644.78.
While solely a slight rebound, the info places the UK one step nearer to avoiding a recession this 12 months, which is outlined as two consecutive quarters of unfavorable GDP.
Meanwhile, the temper amongst world traders was dampened after new knowledge from the US confirmed Consumer Prices Index (CPI) inflation was increased than anticipated in September.
It additional stokes fears that rates of interest might have to remain increased for longer in an effort to put a lid on rising costs.
Elsewhere in Europe, Germany’s Dax fell 0.23% and France’s Cac 40 declined by 0.37%.
Over within the US, the S&P 500 was flat and Dow Jones was down 0.25% by the point European markets closed.
The pound misplaced floor in opposition to the US greenback through the afternoon, and was down by round 0.8% to 1.2213 {dollars}. Sterling was down by about 0.1% to 1.1575 euros.
The value of Brent crude oil was up by 1.03% to 86.7 US {dollars} per barrel.
In firm news, shares in Halfords soared by practically a fifth amid hypothesis that the motoring and biking retailer had been approached by a possible purchaser for the enterprise.
According to a report in Betaville, Halfords had obtained a takeover bid in latest months. But the corporate mentioned it doesn’t touch upon hearsay and hypothesis.
Nevertheless, traders had been betting on the great fortunes of the agency and its share value closed 18.5% increased.
Elsewhere, shares in The Restaurant Group (TRG) surged by greater than a 3rd after the Wagamama proprietor mentioned it has agreed to a takeover by personal fairness big Apollo in a deal value £701 million together with money owed.
The takeover comes after TRG just lately agreed to dump its loss-making restaurant chains Frankie & Benny’s and Chiquito to Big Table Group.
Apollo mentioned TRG had confirmed to be “resilient through macroeconomic cycles” however that it wanted the help of personal capital to “achieve its ambitions”. Its share value closed 36.1% increased.
The greatest risers on the FTSE 100 had been BP, up 15.8p to 536.1p, Hikma Pharmaceuticals, up 41p to 2,120p, Sage Group, up 19p to 1,020p, Melrose Industries, up 8.2p to 481.5p, and Astrazeneca, up 176p to 11,120p.
The greatest fallers on the FTSE 100 had been Taylor Wimpey, down 5.75p to 111p, Fresnillo, down 17.4p to 528.8p, Barclays, down 4.9p to 152.28p, Ocado, down 15.4p to 572.2p, and Croda, down 105p to 4,439p.
