India, March 14 -- Despite data showing an unexpected contraction in the nation's GDP in the month of January, U.K. stocks are up in positive territory on Friday, tracking cues from other major European markets. Bank and mining stocks are among the prominent gainers.
The mood remains cautious amid concerns about tariffs and their potential impact on global economic growth. The benchmark FTSE 100 is up 49.94 points or 0.58% at 8,592.50 about half an hour before noon.
Melrose Industries is rising nearly 4%. Anglo American Plc is up 3.2%, while Rolls-Royce Holdings, EasyJet, Kingfisher, Fresnillo, BAE Systems, Rio Tinto, JD Sports Fashion, Beazley, Schroders, Glencore and Antofagasta are gaining 2 to 3%.
HSBC Holdings, Lloyds Banking, Stand...