Market Report - opening

London open: Stocks gain as retail sales disappoint

By Michele Maatouk

Date: Friday 17 Jan 2025

(Sharecast News) - London stocks gained in early trade on Friday as weaker-than-expected retail sales data underpinned rate cut expectations.
At 0830 GMT, the FTSE 100 was up 0.9% at 8,466.87.

Figures released earlier by the Office for National Statistics showed that retail sales fell 0.3% on the month in...

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