FTSE 100 climbs on stronger UK GDP, on track for worst month since March

FTSE 100 climbs on stronger UK GDP, on track for worst month since March

London's ‌FTSE 100 ​rose on Wednesday as investors assessed stronger-than-expected GDP data, and was on course for a monthly loss as persistent inflation concerns and rising ‌bond yields dampened sentiment.

The blue-chip FTSE 100 index rose 0.26% to 10,664.93 points by 1018 GMT, headed for its biggest monthly loss since March and its seventh consecutive quarterly gain. The midcap FTSE 250 climbed ‌0.74% but was set to dip for the month.

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