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Jun 23, 2014

UK’s FTSE falls as housebuilder and airline stocks weaken

LONDON, June 23 (Reuters) – Britain’s top equity index fell
on Monday for the first time in a week as declines in
housebuilding and airline shares weighed on the market, which
had been approaching record highs.

The blue-chip FTSE 100 index, which had risen for
the last four sessions, was down by 0.3 percent, or 19.33
points, at 6,805.87 points going into the end of the trading day
- some 2 percent below a December 1999 record high of 6,950.60
points.

Jun 23, 2014

Britain’s FTSE hit by fall in housebuilder and airline stocks

LONDON, June 23 (Reuters) – Britain’s top equity index fell
on Monday for the first time in a week as declines in
housebuilding and airline shares weighed on the market, which
had been approaching record highs.

The blue-chip FTSE 100 index, which had risen for
the last four sessions, was down by 0.3 percent, or 18.30
points, at 6,806.90 by the middle of the trading day – some 2
percent below a record high of 6,950.60 points reached in
December 1999.

Jun 20, 2014

UK’s FTSE 100 perked up by surge in Shire

LONDON, June 20 (Reuters) – Britain’s FTSE 100 rose
on Friday on the back of a surge in shares of drugmaker Shire
Plc, leaving many traders to expect the benchmark index
to test record highs soon.

Shire hit an all-time high and closed up 16.9 percent at
4,371 pence, adding 15 points to the FTSE, after rejecting a bid
from AbbVie Inc which would have valued Shire at about
27 billion pounds ($46 billion).

Jun 20, 2014

UK’s FTSE 100 strengthens as Shire surges

LONDON, June 20 (Reuters) – Britain’s FTSE 100 rose on
Friday on the back of a surge in the shares of drugmaker Shire,
and many traders expected the benchmark equity index to test
record highs soon.

Shire hit all-time highs and was up by 19 percent at
4,450 pence, adding 17 points to the FTSE, after rejecting a bid
from AbbVie Inc which would have valued the group at
about 27 billion pounds ($46 billion).

Jun 20, 2014

Shire surge pushes FTSE towards record peak

LONDON, June 20 (Reuters) – Britain’s benchmark equity index
rose on Friday as a surge in the shares of drugmaker Shire
lifted the stock market, which many traders expected to
inch further towards record highs in coming days.

Shire hit all-time highs and was up by more than 10
percent at 4,134 pence after rejecting a bid from AbbVie Inc
which would have valued the group at around 27 billion
pounds ($46 billion).

Jun 19, 2014

Rolls-Royce and Fed’s stance lift UK’s FTSE

LONDON, June 19 (Reuters) – Britain’s benchmark equity index
rallied on Thursday, helped by a surge in aircraft engines maker
Rolls-Royce and by the U.S. Federal Reserve which
reassured investors over future monetary policy.

The London market tracked gains overnight in U.S. and Asian
equity markets, after the U.S. Federal Reserve said the U.S.
economy was making progress.

Jun 19, 2014

UK’s FTSE rallies as Rolls-Royce races higher

LONDON, June 19 (Reuters) – Britain’s benchmark equity index
rallied on Thursday, lifted by Rolls-Royce after the
aircraft engines maker surged on the back of its plans for a 1
billion pound ($1.69 billion) share buyback.

The London market was also lifted by gains overnight on the
U.S. and Asian equity markets, after the U.S. Federal Reserve
said the U.S. economy was making progress.

Jun 18, 2014

Rise in oil firms’ shares keeps European equities steady

LONDON, June 18 (Reuters) – European stock markets were
steady on Wednesday, hovering near multi-year highs reached last
week and supported by shares in major energy companies as
violence in Iraq pushed up oil prices.

However, many investors were reluctant to buy new positions
as they awaited the conclusion of the U.S. Federal Reserve’s
two-day policy meeting later in the day.

Jun 18, 2014

Rise in oil companies’ shares steadies European equities

LONDON, June 18 (Reuters) – European stock markets were
steady on Wednesday, hovering near multi-year highs reached last
week, supported by shares in major energy companies as violence
in Iraq pushed up oil prices.

However, many investors were reluctant to buy new positions
as they awaited the conclusion of the U.S. Federal Reserve’s
two-day policy meeting later in the day.

Jun 18, 2014

Rise in Aegon ensures gains for European equities

LONDON, June 18 (Reuters) – European stock markets edged up
on Wednesday to go back within reach of multi-year highs reached
last week, with insurer Aegon rallying after
announcing a share buyback programme.

However, gains on the stock markets were capped as investors
awaited the end of the U.S. Federal Reserve’s two-day policy
meeting later in the day.