FTSE 100 Opens at 10,791 as UK GDP Growth Steadies at 0.4%
As seen on the 24/7 Wall St. homepage on August 17, 2026.
- 🇬🇧 FTSE 100+0.39%
- 🇩🇪 DAX+0.24%
- 🇫🇷 CAC 40—
London opened above 10,790 with UK GDP growth holding at 0.4% in the second quarter, the kind of steady read that keeps the Bank of England on hold and equity risk appetite intact. Frankfurt is moving with it.
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UK GDP growth of 0.4% in the second quarter is the reason the index is higher at the London open on August 17.
That steady reading keeps the Bank of England on hold, leaving equity risk appetite broadly intact.
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Stable rates matter for this index because it is heavily weighted toward large, dividend-paying companies in financials, energy, and consumer staples. When the rate outlook is calm, income-seeking investors have less reason to rotate out of equities and into bonds, which tends to support the index floor.
Frankfurt is moving in the same direction, with the DAX up 0.24% at the open, while the CAC 40 in Paris had no comparable move recorded at the same time.