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British FTSE 100 up 1.13 pct on Wednesday

Xinhua, June 11, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Wednesday increased by 1.13 percent, or 76.47 points, to 6,830.27 points.

The London stock index rose as some positive economic data from Britain.

British production output rose by 1.2 percent year-on-year, data from the Office for National Statistics (ONS) showed Wednesday. There were increases in all four main sectors, with the largest contribution coming from mining and quarrying, which increased by 6.2 percent.

Besides, the National Institute of Economic and Social Research (NIESR) released estimates pointing to an acceleration in the growth of British GDP for the three months to May, to a quarterly pace of 0.6 percent.

Standard Chartered's share price increased by 5.80 percent, topped the gainers of the blue chips. Associated British Foods, Morrison (Wm) Supermarkets, Tesco and Sainsbury increased by 5.35 percent, 4.96 percent, 4.63 percent and 4.54 percent respectively.

Weir Group led the top losers of the blue chips with a share price drop of 0.42 percent, followed by Marks & Spencer Group (0.27 percent), Pearson (0.08 percent) and HSBC Holdings (0.05 percent). Endit