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Mar 27, 2013

TUI and miners lead FTSE higher

LONDON (Reuters) – The blue chip shares rose in early trade on Wednesday, building on the previous session’s gains and an overnight rise on Wall Street spurred by encouraging U.S. economic data.

Investors though were still awaiting details on Cyprus’s plans to impose capital controls and that kept trading across the market in a relatively tight range.

Mar 27, 2013

TUI and miners lead Britain’s FTSE higher

LONDON, March 27 (Reuters) – Britain’s blue chip shares rose
in early trade on Wednesday, building on the previous session’s
gains and an overnight rise on Wall Street spurred by
encouraging U.S. economic data.

Investors though were still awaiting details on Cyprus’s
plans to impose capital controls and that kept trading across
the market in a relatively tight range.

Mar 26, 2013

U.S. data helps Britain’s FTSE rise despite Cyprus uncertainty

LONDON, March 26 (Reuters) – Britain’s top share index rose
on Tuesday, as traders latched on to encouraging data from the
United States while awaiting further news about the wider
implications of a Cyprus bailout.

Financial and energy stocks were among the top gainers as
investors sought to add equities, which rise and fall with
optimism on the economy.

Mar 26, 2013

FTSE flat; unease over signals on Cyprus dominates

LONDON (Reuters) – The FTSE 100 was flat at midsession on Tuesday, with uncertainty over the wider implications of the Cyprus bailout dominating trade as under-pressure banks rose for the first time in more than a week.

Volumes on top share index, the FTSE 100, were thin, as details of the last-minute deal to save the island from bankruptcy remained hazy and Cypriot banks stayed shut.

Mar 25, 2013
Mar 25, 2013
Mar 22, 2013

Britain’s FTSE edges higher on hopes of weekend Cyprus deal

LONDON, March 22 (Reuters) – Britain’s top share index rose
on Friday as Cyprus edged closer towards securing a bailout to
avoid financial meltdown, with traders positioning themselves
for a possible resolution over the weekend.

Defensive sectors such as telecoms and pharmaceuticals led
gainers, as investors were unwilling to place bets on more risky
sectors while a deal was yet to be finalised.

Mar 22, 2013
Mar 22, 2013

FTSE rises, buoyed by Cypriot bank branch deal with Greece

LONDON (Reuters) – The FTSE 100 rose on Friday after Cyprus agreed to spin off Greek units of its banks to Greece, helping banks pare losses in a market underpinned by strength in BP and AstraZeneca.

Banks fell by as much as 1.2 percent in morning trade, led by those with significant exposure to the euro zone, such as Royal Bank of Scotland and Lloyds. But they staged a partial recovery to trade down just 0.2 percent after news of the Greek deal.

Mar 22, 2013

Britain’s FTSE rises, buoyed by Cypriot bank branch deal with Greece

LONDON, March 22 (Reuters) – Britain’s top share index rose
on Friday after Cyprus agreed to spin off Greek units of its
banks to Greece, helping banks pare losses in a market
underpinned by strength in BP and AstraZeneca.

Banks fell by as much as 1.2 percent in morning
trade, led by those with significant exposure to the euro zone,
such as Royal Bank of Scotland and Lloyds. But
they staged a partial recovery to trade down just 0.2 percent
after news of the Greek deal.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
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