European equities markets were higher Friday, with gains coming on hopes that the economic recovery is proceeding in a healthy manner.
The FTSE 100 added 0.54 percent to 5,132.94 in London, while the FTSE 250 was 0.27 percent higher to 9,745.79 as the Office for National Statistics said that producer prices were down 0.3 percent in June, although the UK’s trade deficit was at its largest in four months in May.
Miners saw gains on higher metals prices, with Antofagasta (LSE: ANTO) adding 4.05 percent to lead gains on the 100 after Citigroup upgraded the miner from “hold” to “buy”.
Not all miners saw gains, however, as African Barrick Gold (LSE: ABG) fell 1.52 percent, Randgold Resources (LSE: RRS) dropped 0.32 percent and Hochschild Mining (LSE: HOC) was down 3.55 percent for the worst performance in the sector.
Engineering services group Bodycote (LSE: BOY) led gains on the 250 and in London generally as it added 14.11 percent on a positive outlook.
Three constituents of the real estate sector led declines on the 100, with British Land Co (LSE: BLND) down 1.99 percent while SEGRO (LSE: SGRO) was 1.64 percent lower and Land Securities Group (LSE: LAND) dropped 1.53 percent.
Educational product vendor Promethian World (LSE: PRW) was down 3.76 percent for the worst performance on the 250….
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