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FTSE 100 closes higher on Thursday

Xinhua, February 13, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Thursday increased by 0.15 percent, or 9.94 points, to 6,828.11.

The London stock index rose on Thursday amid stronger economic growth outlook in Britain.

The Bank of England (BoE) Thursday expected strong economic growth in Britain amid the falling of oil prices, and also predicted British inflation could turn negative.

In the bank's Inflation Report published Thursday, it forecast Britain economic growth would remain at 2.9 percent this year and next year's forecast has been revised up to 2.9 percent.

The bank said the robust pace of growth in 2014 was projected to be sustained in the near term.

Coca-Cola HBC AG's share price increased by 6.23 percent, topping the gainers of the blue chips. Intertek Group, Shire Plc, Anglo American and Royal Mail increased by 4.90 percent, 4.63 percent, 3.74 percent and 3.67 percent respectively.

BT Group led the top losers of the blue chips with a share price drop of 2.17 percent, followed by GlaxoSmithKline (1.88 percent), Royal Dutch Shell 'B' (1.83 percent), Royal Dutch Shell 'A' (1.58 percent) and Compass Group (1.58 percent).

The index has gained 4.33 percent so far this year when measured in U.S. dollar. Endit