FTSE 100 at 10,872.12 as UK Growth Supports London Stocks
Published on 11/12/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFTSE 100 Holds Gains at Midday
- The FTSE 100 stood at 10,872.12 at 11:00 London time on November 12, up 0.34 percent from Wednesday's close.
- Stronger UK economic data supported sentiment, with third-quarter GDP rising 0.7 percent and September monthly GDP increasing 0.2 percent.
- Burberry and Rolls-Royce were among the stronger blue-chip names, while concerns about Nvidia limited the broader technology backdrop.
The FTSE 100 was trading at 10,872.12 at 11:00 London time on Thursday, November 12, according to Barclays Research Centre. The index was up 36.65 points, or 0.34 percent, against Wednesday's closing level of 10,835.47. The London session was still in progress, with the quoted level recorded at 12:00 Berlin time, one hour before the configured reporting window.
UK growth provides support
Economic data offered a supportive backdrop for London equities. The Alliance News report published by Morningstar said UK gross domestic product increased 0.7 percent in the third quarter from the second quarter, accelerating from 0.5 percent in the previous quarter. Annual growth reached 1.9 percent, while September monthly GDP rose 0.2 percent after a revised flat reading in August.
Services output expanded 0.9 percent in the quarter and was the main source of growth. Production output increased 0.1 percent, while construction contracted 0.7 percent. The data strengthened the impression of near-term economic resilience, although the wider trade deficit and continuing energy-price pressure remain relevant risks for UK companies.
Corporate and global signals remain mixed
Earlier trading was led by company-specific developments. Burberry advanced after reporting a return to interim profit and a 6.0 percent increase in revenue, while Rolls-Royce gained after announcing a 1.5 billion pound share buyback and reaffirming its outlook, according to Hargreaves Lansdown.
The international backdrop was less uniform. Wall Street had closed higher on Wednesday, but reports about possible leadership changes at Nvidia weighed on technology sentiment. Lower oil prices and softer sterling also formed part of the market context, while the FTSE 100's exposure to energy, mining and overseas earnings continued to influence its relative performance.
Index remains close to recent highs
The intraday advance left the FTSE 100 near its highest level in almost four weeks, but the move remained modest rather than a decisive breakout. Investors were assessing whether stronger UK activity could persist alongside restrictive monetary conditions and elevated geopolitical risks. The index was therefore higher during the session, not at a confirmed closing level. Further market coverage is available on the FTSE 100 topic page.
