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Mar 6, 2015

Investors shun UK utilities as election nears

LONDON, March 6 (Reuters) – While UK stocks have broadly
shrugged off the looming general election, some investors are
shunning a sector that risks becoming a political punch bag.

Domestic utilities including Centrica and SSE
have fallen since the start of 2015, even as the FTSE
100 index has hit record highs. An array of negatives,
from weaker oil prices and dividend cuts to fears of an
interest-rate hike, have dragged down the FTSE 350 utilities
index.

Mar 6, 2015

UK’s FTSE slips off record highs as miners retreat

LONDON, March 6 (Reuters) – Britain’s top share index edged
lower on Friday after posting its highest ever close in the
previous session, with a pullback in mining stocks weighing on
the market.

Bid speculation lifted engineer Weir, however.

The blue-chip FTSE 100 index was 0.1 percent lower
at 6,954.37 points going into the middle of the trading session,
near its record closing level of 6,961.14 set on Thursday and
its intraday record high of 6,974.26 points hit on Monday.

Mar 5, 2015

Aviva ensures FTSE 100′s move back toward record highs

LONDON, March 5 (Reuters) – Britain’s top share index
approached record highs again on Thursday, lifted by a rally in
insurance stocks such as Aviva after positive results in
the sector.

The blue-chip FTSE 100 index closed up 0.6 percent
at 6,961.14 points, near the 6,974.26 record it set this month.

Mar 5, 2015

Rise in Aviva keeps UK’s FTSE near record highs

LONDON, March 5 (Reuters) – Britain’s top share index rose
back towards record highs on Thursday, lifted by a rally in
insurance stocks after positive results in the sector.

The blue-chip FTSE 100 index was up 0.5 percent at
6,955.85 points going into the close of the trading session,
near a record high of 6,974.26 set earlier this month.

Mar 4, 2015

Hikma hits Tullow Oil out of UK’s FTSE 100

LONDON, March 4 (Reuters) – Hikma Pharmaceuticals
has pushed Tullow Oil out of Britain’s benchmark FTSE
100 equity index, FTSE Group announced on Wednesday,
following a drop in Tullow’s stock price and a rise in Hikma’s
shares.

Getting into the FTSE 100 can often fuel further demand for
a company’s shares, since funds that track the FTSE or invest in
the index can then add that stock to their portfolio.

Mar 3, 2015

European shares slip off highs as Veolia and Barclays fall

LONDON, March 3 (Reuters) – European stock markets slipped
from multi-year highs on Tuesday, pegged back by falls in French
environment company Veolia and British bank Barclays
.

Traders said the pullback was relatively minor, given a
strong run since the start of 2015 that has seen a major
regional index rise 13 percent. Better-than-expected German
retail sales data also kept the German stock market near record
highs.

Mar 3, 2015

European shares nudged off highs by Veolia and Barclays

LONDON, March 3 (Reuters) – European stock markets slipped
off multi-year highs on Tuesday, pegged back by falls in the
shares of French environment company Veolia and British
bank Barclays.

Nevertheless, traders said the pullback was relatively minor
given a strong run since the start of 2015, which has seen a
major regional index rise 14 percent, and better-than-expected
German retail sales data kept the German stock market near
record highs.

Mar 3, 2015

German data keeps European shares near multi-year highs

LONDON, March 3 (Reuters) – European stock markets hovered
close to multi-year highs on Tuesday, helped by
better-than-expected German retail sales data and merger
speculation in the Portuguese banking sector.

Bid rumours also drove up the shares of French steel pipe
maker Vallourec, which rose 7 percent after investment
bank Macquarie said Vallourec could be a bid target. Vallourec
declined to comment on the speculation.

Mar 2, 2015

UK’s FTSE touches new record high as Intertek and miners rise

LONDON, March 2 (Reuters) – Britain’s top equity index
climbed on Monday to set a new record high, breaking through
last month’s peak, as a rise in mining stocks and Intertek
lifted the market.

The blue-chip FTSE 100 equity index rose as much as
0.3 percent to a record intraday high of 6,972.01 points. The
index is up around 6 percent since the start of 2015.

Feb 27, 2015

UK’s FTSE touches record highs as IAG, Standard Chartered rise

LONDON, Feb 27 (Reuters) – Britain’s top equity index
touched a record high on Friday, helped by gains in
Asian-focused bank Standard Chartered and International
Consolidated Airlines Group.

The blue-chip FTSE 100 index at one stage rose as
much as 0.3 percent to a record intraday high of 6,967.24
points, before easing back to close flat at 6,946.66 points.