19.12.202508:56:42UTC+00FTSE Little Changed on Friday

On Friday, the FTSE 100 demonstrated minimal movement as investors deliberated over a combination of UK economic data and various corporate reports. There was a slight boost in market sentiment thanks to a modest rise in consumer confidence for December; the GfK survey indicated a slight uptick in household optimism following the Autumn Budget. However, this positivity was tempered by a decline in retail activity, as UK retail sales unexpectedly dropped in November. Notable attention was drawn to public finances as well; the UK budget deficit narrowed to £11.7 billion in November, which marks an improvement from the previous year, yet it exceeded economists' forecasts. On the corporate front, heavyweight stocks such as HSBC (up 0.1%), AstraZeneca (up 0.4%), and Rolls-Royce (up 0.7%) provided some stability, while Prudential shares saw an uptick of 0.8% after the favorable reception of its Indian asset management IPO. Offsetting these gains were declines in shares of Unilever (-0.5%), BP (-0.6%), GSK (-0.4%), and Relx (-0.4%). In the retail sector, JD Sports experienced a 0.6% dip after Nike signaled a downturn in sales.