India, Feb. 13 -- European stocks were broadly higher on Thursday amid improving prospects for a peace settlement in Russia-Ukraine war.
U.K. stocks underperformed, with the FTSE 100 moving lower on the back of disappointing earnings updates, ex-dividend adjustments and a stronger pound on upbeat GDP data.
The U.K. economy expanded unexpectedly in the fourth quarter, underpinned by services and construction output, the Office for National Statistics said.
Gross domestic product grew 0.1 percent from the third quarter, confounding expectations for a contraction of 0.1 percent. This follows a nil growth in the third quarter.
On a yearly basis, the fourth quarter growth in GDP came in at 1.4 percent compared to 1.0 percent in the third qua...