Mining, healthcare stocks boost FTSE 100 as economy strengthens
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* FTSE 100 up 0.3%, FTSE 250 rises 0.3%
June 11 (Reuters) - London's FTSE 100 index edged higher on Friday, helped by gains in mining and healthcare stocks, while a record annual jump in domestic economic output in April strengthened views of a stronger recovery from the pandemic-driven disruption last year.
The blue-chip index .FTSE rose 0.3%, with precious metal miners .FTNMX551030 and base metal miners .FTNMX551020 jumping 2% and 1.4%, respectively.
Pharmaceutical stocks .FTNMX201030 also rose, with AstraZeneca AZN.L leading the gains.
The domestically focused mid-cap FTSE 250 index .FTMC advanced 0.3%.
The UK economy in April was a record 27.6% larger than 12 months before, official data showed, an increase that reflects recent reopening and the scale of disruption to everyday life early in the COVID-19 pandemic. In April alone, output rose by 2.3%, marking the fastest growth since July.
Among other stocks, Sanne Group SNNS.L jumped 11.5% as the asset management services provider said it was in talks with Cinven after the private-equity firm made a sweetened offer of 875 pence per share to buy the company.
Reporting by Devik Jain in Bengaluru; editing by Uttaresh.V
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