FTSE 100 closes higher in quiet trading day
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Leading shares closed higher, albeit in quiet trade, with investors readying themselves for the latest wave of blue chip earnings as Wall Street's holiday closure provided no direction.
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Leading shares closed firmer as a positive reading of November US jobs data helped ease inflation concerns in the world's largest economy, and with Barclays climbing on the back of vague bid speculation, dealers said.
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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 modestly higher Monday in very thin trade reflecting the lack of any lead from Wall Street, shut for the US Labor Day holiday, with receding credit market concerns supporting a rally by financials.
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The FTSE 100 index of leading shares jumped 0.69 percent to 6,313.70 points in late morning trade on Thursday.
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UK blue chips were firmer mid-afternoon as a level of confidence returned to the UK markets, following some bullish corporate news. Sentiment was further boosted by a stronger start to trading on Wall Street.
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UK blue chips closed higher with takeover speculation once again providing the excitement in an otherwise quiet session, while a well-received batch of US economic data eased Wall Street's fears of future interest rate hikes, dealers said.
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Leading shares closed higher, boosted by a solid rally on Wall Street and strength in mining and media stocks, offsetting yet another spike in the London price of oil, dealers said.
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UK blue-chips closed higher Thursday, in a very thin day of trading, with speciality chemicals company Johnson Matthey the top FTSE riser on rumours it could be a bid target for Dow Chemicals.
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London equities moved higher in opening trade on Thursday, helped by buoyant financial stocks and a fresh set of bid talk.
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The FTSE 100 closed firmer Friday, but off session peaks which saw the index hit a new 7-year intra day high, with financials putting in a strong performance amid hopes the long-running ABN Amro saga could be closer to a resolution.
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LONDON  - European stock markets closed modestly higher in shortened trading hours after a strong pre-Christmas showing by Wall Street.
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British blue chips ended modestly higher after an up-and-down session, with Wall Street putting in a fairly volatile performance.
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U.S. stocks closed higher on Wednesday, with technology stocks Google Inc.  and Apple Computer Inc.  leading the way in quiet trading as Wall Street wound down for Thanksgiving.
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Leading shares finished the session strongly, at day's highs, boosted by gains in heavyweight miners and tobacco stocks and brushing aside the US being shut for a public holiday, dealers said.
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Stocks inched higher in quiet trading Wednesday as a pair of government reports offered conflicting signals about the economy and oil prices declined.
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Leading shares closed flat, with the FTSE 100 index having reverberated around the 4,700 level all session finishing nearer highs than lows thanks to strength in oils and financial issues, while New York put in a weak morning performance, consolidating after recent gains, dealers said.