- UK stocks opened higher on Friday after the Chinese market was buoyed by pledges of government support and the UK and EU appeared to be moving closer to finalising a Brexit deal.

Chinese economic growth slowed to 6.5% in the third quarter, it's lowest level since 2009, but Beijing promised further policy support as it grapples with trade war risks.

At 0834, the benchmark FTSE 100 index was up 19.60 points, or 0.3%, at 7.046.59.

Shopping centre owner Intu Properties rallied 13% after it received a sweetened £2.91bn takeover bid from Peel Group, Saudi Arabia's Olayan and Brookfield Asset Management.

Bourse operator London Stock Exchange gained 1.1%, as it booked a 5% rise in third-quarter revenue and upped its stake in clearing house group LCH.

InterContinental Hotels shed 4.8% after disappointing investors with 1% revenue-per-room growth in the third quarter, and despite pledging to pay a $500m special dividend.

Auto dealer Pendragon hit the skids, falling 8.5%, as it warned annual profits would be hurt by new global engine-testing regulations that are causing vehicle supply disruptions.

Fund manager Man Group, meanwhile, announced a second consecutive $100m share buy back to distribute proceeds of an investment gain. Its shares firmed 0.7%.

Sub-prime lender Provident Financial said the performance at its home credit unit had been hurt in the third quarter by a restructure plan. Investors weren't entirely surprised and its shares fell just 0.1%.

Veterinary drugs supplier Dechra Pharmaceuticals fattened 2.8% on news it had acquired Brazil-based Venco for R$185m, or about £37.8m. Dechra also said it was confident of delivering on its full-yer guidance.

At the smaller-company end of the market, Rockfire Resources tumbled 26% after test drilling at its Marengo prospect in Australia's Queensland state failed to find significant gold or copper deposits.

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