FTSE 100 slightly rises amid strong British economic outlook

FTSE 100 Index, British benchmark stock market gauge, Tuesday increased by 0.07 percent, or 4.96 points, to 6682.48 points, as the economy growth prospects of Britain was strong.
Britain's economic recovery was now entrenched with growth of 3 percent forecast for this year, according to the quarterly economic forecast from the National Institute of Economic and Social Research released Tuesday.
With 0.8 percent quarter-on-quarter growth in both the first two quarters of this year, the economy has now expanded more than 0.5 percent per quarter in each of the last six quarters.
Weir Group's share price increased by 2.02 percent, topped the gainers of the blue chips. Intertek Group, St James's Place, Standard Life, GKN increased by 1.81 percent, 1.68 percent, 1.54 percent and 1.39 percent respectively.
Meggitt led the top losers of the blue chips with a share price drop of 4.73 percent, followed by Royal Mail (3.61 percent), InterContinental Hotels Group (3.26 percent), International Consolidated Airlines Group (2.91 percent) and Persimmon (2.17 percent).
The index has gained 1.23 percent so far this year when adjusted in U.S. dollar.