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Mar 26, 2015

Travel stocks knock Britain’s FTSE after oil surge, LSE slumps

LONDON, March 26 (Reuters) – Britain’s top share index fell
on Thursday, hit by firms exposed to a higher oil price after
air strikes in Yemen sent Brent surging, and a sharp slump in
London Stock Exchange group.

Britain’s FTSE 100 was down by 38.77 points, or 0.5
percent, at 6,952.20 by 0856 GMT, bring the drop since a record
high hit on Tuesday to 1.6 percent.

Mar 25, 2015

Nude sculptures of ancient Greeks dazzle in British Museum exhibition

LONDON, March 25 (Reuters) – The nude sculptures of the
ancient Greeks depict what they believed to be the perfect human
form, and the results still dazzle and move us thousands of
years on, as the British Museum’s latest exhibition
demonstrates.

“Defining Beauty” is a stunning array of sculptures and
ceramics that includes some of the most familiar works of Greek
antiquity.

Mar 25, 2015

ARM leads fallers as FTSE drops away from record high

LONDON, March 25 (Reuters) – Britain’s leading share index
gave up early gains on Wednesday, led down by a late drop in
chip designer ARM and a fall in Barclays after
a broker downgraded the stock.

ARM fell after the Wall Street open, dropping 6.1 percent by
the close as the U.S. sector was hit by a downgrade to AMD
and worries over growth after a stellar run.

Mar 25, 2015

FTSE edges away from record high, led down by Barclays

LONDON, March 25 (Reuters) – Britain’s leading share index
gave up early gains on Wednesday and edged lower, led down by
Barclays after a broker downgraded the stock.

The blue-chip FTSE 100 index was down 9.09 points,
or 0.1 percent, at 7,010.59 points by 1512 GMT, having hit a
record intra-day high of 7,065.08 on Tuesday.

Mar 25, 2015

FTSE edges further away from record high, led down by Barclays

LONDON, March 25 (Reuters) – Britain’s leading share index
edged down on Wednesday, giving away early gains, led lower by
Barclays after a broker downgrade.

The blue-chip FTSE 100 index was down 10.64 points,
or 0.2 percent, at 7,009.04 points by 1138 GMT, falling further
away from a new record high hit in the previous session.

Mar 24, 2015

exposed stocks outperform despite election uncertainty

LONDON, March 24 (Reuters) – Undaunted by Britain’s deepest
political uncertainty in a generation, stock investors are
opting for firms active in the domestic economy over
London-listed international groups.

The FTSE 100 index has hit record highs even though opinion
polls suggest a general election on May 7 is unlikely to produce
any clear winner or obvious coalition, with fund managers
focusing for the moment on the improving British economy rather
than the risk of parliamentary paralysis.

Mar 23, 2015

FTSE retreats slightly from record high on broker downgrades

LONDON, March 23 (Reuters) – Britain’s blue-chip share index
edged down after setting a new record high above the 7,000 mark
on Monday, with companies such as Carnival and Weir slipping
after broker downgrades.

Engineering company Weir Group fell 3 percent to
1,786 pence, the top faller in the FTSE 100 index, after
RBC downgraded it to “sector perform” from “top pick” as well as
cutting its price target to 1,850 pence from 2,150
pence.

Mar 23, 2015

FTSE inches lower after setting new record high

LONDON (Reuters) – British shares slipped back on Monday, taking a breather after sharp gains propelled the FTSE 100 .FTSE index to record highs.

The FTSE was down 19.34 points, or 0.3 percent, at 7,003.17 by 8:43 a.m., after briefly inching higher to mark a new record at 7,027.33.

Mar 23, 2015

Britain’s FTSE inches lower after setting new record high

LONDON, March 23 (Reuters) – British shares slipped back on
Monday, taking a breather after sharp gains propelled the FTSE
100 index to record highs.

The FTSE was down 19.34 points, or 0.3 percent, at 7,003.17
by 0843 GMT, after briefly inching higher to mark a new record
at 7,027.33.

Mar 19, 2015

UK’s FTSE touch record highs as central banks stay dovish

LONDON, March 19 (Reuters) – Britain’s benchmark share index
reached record highs on Thursday, with gold miners
outperforming, after the U.S. Federal Reserve and Bank of
England both dampened prospects of interest rate rises in the
near term.

The FTSE 100 index rose as much as 0.5 percent to a
record high of 6,982.79 points, beating the earlier record of
6,974.26 points set on March 2. However, it fell from those
highs to trade just 0.1 percent higher, up 5.33 points at
6,950.53 by 1504 GMT.

    • 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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