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FTSE 100 closes higher on Friday

Xinhua, February 14, 2015 Adjust font size:

FTSE 100 Index, the British benchmark stock market gauge, increased by 0.67 percent, or 45.41 points, to 6,873.52 on Friday.

The London stock index rose on Friday as upbeat growth data from both the eurozone and Germany was reported.

The eurozone's seasonally-adjusted gross domestic product (GDP) increased by 0.3 percent in the fourth quarter of 2014 from the previous quarter, according to flash estimates published Friday by Eurostat, the statistical office of the European Union.

The German economy increased by 0.7 percent in the last quarter of 2014, signaling Europe's economic engine had returned to an accelerating growth trajectory.

Tullow Oil's share price increased by 5.17 percent, topping the gainers of the blue chips. BHP Billiton, GlaxoSmithKline, Rolls-Royce Holdings and BG Group increased by 4.98 percent, 4.54 percent, 4.36 percent and 4.32 percent respectively.

Ashtead Group led the top losers of the blue chips with a share price drop of 2.45 percent, followed by BT Group (2.42 percent), Carnival (2.13 percent), ARM Holdings (2.12 percent) and Associated British Foods (2.06 percent).

The index has gained 5.02 percent so far this year when measured in U.S. dollars. Endit