the ftse 100 falls 02 to 730991 after data showed the uk economy grew just 01 during october while traders are cautious ahead of us inflation data at 1330 gmt which could add to expectations of early monetary tightening by the federal reserve uk growth nearly stalled in october according to new gdp data and that is before omicron struck rising energy food and general merchandise prices have put pressure on family finances says russ mould investment director at aj bell rises in mining and oil stocks help offset some of the ftse 100 indexs losses however while associated british foods rises 05 after it said recent performance at fashion retailer primark has been ahead of expectations anglo american expects costs to rise again in 2022 anglo american plc expects costs to increase further in 2022 and reaffirmed its fullyear guidance for 2021 associated british foods plc said friday that fashion retailer primarks performance since the fiscal 2021 year ended on sept 18 has been ahead of expectations thanks to stronger likeforlike sales when compared with the latest quarter hilton food group buys foppen for eur90 mln to raise gbp75 mln via share placing hilton food group plc said friday that it is buying international smokedsalmon producer dutch seafood company bv which trades as foppen for 90 million euros 1016 million to be partfunded via a share placing photome international plc said friday that it has upgraded its forecasts for fiscal 2021 as it continued to see a recovery across most of its key markets president energy plc said friday that its hydrogen subsidiary atome energy plc expects to raise up to 9 million pounds 119 million as part of its initial public offering on the aim gemfields 2021 auction revenue rises to new high of 2396 mln gemfields group ltd said friday that the latest auction for rubies from its montepuez mine in mozambique achieved record revenue bringing fullyear auction sales to a new high of 2396 million associated british foods plc said friday that fashion retailer primarks performance since the fiscal 2021 year ended on sept 18 has been ahead of expectations thanks to stronger likeforlike sales when compared with the latest quarter actual experience plc shares fell in early friday trading after the company said it will incur a pretax loss in 2021 as part of its continuing investments in technology sales and marketing without disclosing a figure associated british foods plc said friday that fashion retailer primarks performance since the fiscal 2021 year ended on sept 18 has been ahead of expectations thanks to stronger likeforlike sales when compared with the latest quarter recycling technologies group ltd said friday that it now plans to complete its initial public offering on the london stock exchange early in the first quarter of next year following interest from a broad range of investors panther metals plc said that its subsidiary panther metals ltd listed on the australian securities exchange on friday starcrest education cancels acquisition of national training co on market conditions starcrest education ltd said friday that it has cancelled the nonlegally binding heads of terms for the acquisition of national training co on the need for additional funds 0908 gmt  associated british foods performance update for the first quarter of fiscal 2022 has shown that the effects of the new covid19 omicron variant have been contained for now jefferies says the british conglomerates reiteration of a sizeable group ebit rebuild in 202122 should help underpin the valuation upside in the path to a return to normal the us bank says jefferies has a buy recommendation on the stock and a target price of 2700 pence a share shares are up 06 at 194600 pence anglo americans new guidance seems in line with expectations 0858 gmt  anglo americans guidance provided friday morning appears to be largely in line with expectations something that will soothe some concerns in the market around major forward divergences from current expectations rbc capital markets says noting that granular guidance has yet to be given in the presentation later in the morning the quellaveco copper project in peru delivering more tons earlier is a positive and 4 unit cost inflation for 2022 should be close to consensus rbc says anglo american remains a welldiversified miner with growth and strong underlying operations we continue to believe both this growth and further rerating over time backstops a compelling investment case the bank says reaffirming an outperform rating on the stock shares rise 02 ab foods 1q primark sales look strong while grocery business was stagnant 0812 gmt  associated british foods likeforlike sales for the first quarter of fiscal 2022 have been boosted by recent colder november weather particularly in the uk rbc capital markets says rbc highlights that the british conglomerates primarks yeartodate margin has been ahead of its own views helped by good fullprice sales currency and natural labor attrition however rbc sees small upside risk to consensus grocery forecasts as abf is managing through cost headwinds and small downside to consensus sugar forecasts due to high uk gas prices increasing operating costs it adds rbc has an outperform rating on the stock and a target price of 2300 pence a share shares are up 06 at 194550 pence uk gdp growth slows down growth seen remaining weak in the near term 0750 gmt  uk monthly gdp rose just 01 monthonmonth in october a marked slowdown from the 06 growth seen in september unicredit says industrial production fell 06 on the month construction fell 18 while services output rose 04 the press release shows supply bottlenecks and higher inflation as well as tighter fiscal policy and subdued consumer confidence were likely the main drivers of the moderation in the pace of growth economists at unicredit say looking ahead rising new cases of covid19 will likely see growth remain weak in the coming months unicredit forecasts the italian bank says the bank of englands monetary policy committee is likely to refrain from raising the bank rate next week