FTSE 100 scores highest close since May
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The FTSE 100 has recorded its highest close in four months, extending a recent winning streak to 11 gains out of the last 12 sessions, with fund managers and other financial shares setting the pace.
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London shares closed higher as Wall Street remained firm after a slew of companies reported upbeat earnings, with UK miners helping to fuel the blue chips.
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The FTSE 100 extended its end-of-year rally to close higher on Christmas Eve for the fifth straight session.
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European stock markets have shot higher, with London's FTSE 100 index striking a fresh six-year pinnacle, aided by record earnings from Anglo-Australian miner BHP Billiton.
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The FTSE was trading higher on Thursday afternoon despite a sharply lower open on Wall Street.
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London equities made strong gains on Wednesday, with every FTSE 100 constituent  rallying, after strong overnight gains on Wall Street followed news of the Federal Reserve&#39;s 50 basis point cut in US rates.
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The FTSE 100 index closed slightly higher as strong gains by the telecom sector offset a dull performance by Wall Street and weak media stocks.
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Leading shares closed higher, with further gains across the miners and fresh M&amp;A talk among financials giving the FTSE 100 a leg-up towards the 6,000 level in thin Labor Day volumes, dealers said.
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Leading shares have closed modestly higher, after a volatile afternoon session, with the FTSE 100 just hanging on to the 5,900 level.
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Oil prices fell and stock traders celebrated, propelling the Standard & PoorÂs 500-stock index to its highest weekly close since May.
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The FTSE 100 climbed above 6,000 on Tuesday afternoon as dealers digested the latest developments in the banking sector.
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Driven by corporate buyouts, strong profit reports and stock buybacks, the market closed at a record high.
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European stock markets hit a new six-and-a-half year high on Friday following the record close on Wall Street.
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Leading shares closed higher Wednesday after a volatile session, reflecting a firm showing on Wall Street, with miners helping to pull UK-listed blue chips higher amid ongoing sector consolidation talk.
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UK blue chips closed higher, but off peaks, as early strength on Wall Street evaporated on rising oil prices, while solid full year numbers from BAE and Centrica held the index in positive territory.
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UK blue chips closed higher Tuesday, having stayed in positive territory throughout the session, reflecting a strong showing on Wall Street sparked by takeover talk and a rebound in consumer confidence, with Vodafone the top FTSE 100 gainer.
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European stock markets have hit their highest levels for more than five years, after a record overnight performance on Wall Street, with London gains underscored by BAE Systems.