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Wed, 27th May 2015 11:39
Most sectors were in the red as the London market pulled back from post-election highs on Tuesday with the FTSE 100 back below the 7,000 mark. At 15:51 BST, the blue chip index was trading down 103.87 points or 1.48% at 6925.98, with the bounce received from the election of a Conservative majority g
Read more** Imperial Tobacco (IMT) & Dairy Crest are strong picks for Premier AM's head of UK equities Chris White in a consumer staples universe where rich valuations increasingly difficult to justify ** Both companies have respective deals in the works ** White "can live with" blue-chip stap
Read moreBritish Gas owner Centrica topped the risers after Labour's defeat eliminated the possibility of an energy price freeze and tighter regulation, with SSE also making making substantial gains. Broker SocGen highlighted the opportinuty, noting utilities have underperformed the UK market by 9% and the E
Read moreUK stocks finished a choppy session marginally in positive territory on Wednesday as investor risk appetite was curbed by pre-election uncertainty and cautious comments from Federal Reserve chair Janet Yellen. The FTSE 100 closed up 6.16 points (+0.09%) at 6,933.74, rebounding slightly after settlin
Read moreBy Martinne Geller LONDON, May 6 (Reuters) - Imperial Tobacco Group is taking a different path to its rivals as the industry searches for the most promising technology for e-cigarettes and other "vaping" products that could eventually outsell cigarettes. It's rare for the top competit
Read moreSainsbury's led the fallers after swinging to its first annual loss in a decade, though results still came in ahead of analysts' expectations. The grocer reported a pre-tax of £72m for the year ended March, compared with a £898m profit previously, prompting it to slash it full-year dividend by 23.7%
Read moreMetals, mobile telecommunications and big tobacco stocks were among the few sectors to trade higher in pre-election trading on the London Stock Exchange on Wednesday. The FTSE 100 closed up 6.16 points or 0.09% at 6,933.74, rebounding slightly after settling at a one-month low the previous session.
Read moreUK stocks bounced off a one-month low on Wednesday though gains were quickly trimmed as mining stocks dropped into the red and Sainsbury's extended losses after an underwhelming annual report. The FTSE 100 was up just 0.11% at 6,935.50 by midday, having pulled back after reaching a high of 6,974.82
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