StockMarketWire.com - UK stocks opened flat Friday, as data showed the UK economy grew stronger than expected in November, recovering to pre-pandemic growth levels.

At 08:46, the benchmark FTSE 100 index was flat at 7,564.40.

UK GDP grew by 0.9% in November, the Office for National Statistics reported Friday.

Cinema group Cineworld was 3.6% to 40.16 pence after announcing it had generated positive cash flow in the fourth quarter of the year as revenue in December was boosted by 'strong' performance of Spider-Man: No Way Home at the box office.

Electrical goods retailer Currys was down 4.1% to 107.80 pence after trimming its profit outlook following a a challenging Christmas period as uneven customer demand for technology products and supply disruptions held back growth.

Adjusted pre annual pre-tax profit guidance was cut to £155 million from a prior estimate of £160 million.

Luxury carmaker Aston Martin Lagonda was flat at £14.16 after announcing it had appointed Doug Lafferty as chief financial officer. Information services company Experian was down 1.7% at £30.99 even as it upgraded its outlook on revenue after reporting third-quarter performance at the upper end of expectations.

'We now expect organic revenue growth for the full year to be in the range of 12-13%, with total revenue growth now expected in the range of 16-17%, at constant exchange rates,' the company said.

Fashion brand Quiz rallied 9% 17.14 pence after reporteding that revenue grew by a fifth in December, led by strong growth in its UK stores and concession portfolio.



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