Ftse Ukx: Plc Nxt

ftse ukx: The move also left the index with its third increase in four sessions, according to Market Watch. Retail therapy Retail shares were pushed up as October retail sales leapt above expectations, with the annual rate of 7.4% from the year-ago period the highest rate since April 2002, the Office for National Statistics said. The FTSE 100 UKX, -0.28% climbed 0.7% to 6,794.71, the best close since Nov. 10, according to Fact Set data. Shares of apparel and home furnishing retailer Next PLC NXT, -2.02% rose 2.2%, department store operator Marks & Spencer Group PLC MKS, -0.24% rose 2.1% and electronics seller Dixons Carphone PLC DC., 1.01% ended up 1.9%. Supermarket chain J Sainsbury SBRY, 0.55% moved up 0.9%. It continues to be a good week for U.K. data, as retail sales come in well ahead of expectations. Analysts have noted that sales of luxury goods in the U.K. have strengthened as the pound has slid in the wake of the Brexit vote in June. It seems that the British public continue to defy predictions of doom, or perhaps they re choosing to ignore their troubles and splash the cash in a bid to boost national morale, said Chris Beauchamp, chief market analyst at IG, in a note. (news.financializer.com). As reported in the news.