FTSE 100 Opens Higher on Steady UK GDP Growth

The FTSE 100 index opened at 10,791 on August 17 as UK GDP growth steadied at 0.4% in the second quarter.

This steady reading keeps the Bank of England on hold, leaving equity risk appetite broadly intact.

The stable rate outlook supports the index floor, particularly for large, dividend-paying companies in financials, energy, and consumer staples.

The DAX in Frankfurt also moved upward, rising 0.24% at the open, while the CAC 40 in Paris showed no comparable move.