FTSE 100 Rises as UK GDP Exceeds Market Forecasts
Key Facts
The Office for National Statistics upgraded UK Q2 GDP growth to 0.5%, surpassing the initial estimate of 0.4%. Investing.com reported that these positive economic growth figures boosted investor confidence in British equities, driving the FTSE 100 index higher.
Mining companies led the gains in the British market during trading on September 30, 2026. This positive performance follows improving macroeconomic indicators, including the UK Manufacturing PMI which reached 52 on September 23, 2026, exceeding the forecast of 51.5.
Latest Updates · 1
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Update: The British pound rose against the US dollar during trading on September 30, 2026, supported by the stronger-than-expected GDP figures. The rally in the British currency coincided with a pause in the US dollar's recent upward trend.