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FTSE 100 Index

Last Updated at 19 Feb 2018, 16:36 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7247.66 -
-47.04
-
-0.64

Top winner and loser

Evraz

412.00 p +
+17.40
+
+4.41

Reckitt Benckiser Group

6075.00 p -
-493.00
-
-7.51
value change %

FTSE 250 Index

19653.57 -
-80.07
-
-0.41

FTSE 350 Index

4036.19 -
-24.53
-
-0.60

FTSE All Share Index

3988.33 -
-23.95
-
-0.60

FTSE Techmark Index

4399.26 -
-26.65
-
-0.60

(Close): Shares in Intercontinental Hotels Group jumped after a report said it had rejected a takeover offer.

Sky News said the hotels group turned down a £6bn bid from a US company. IHG shares rose nearly 4% to £23.02.

The benchmark FTSE 100 index closed up 29.19 points at 6,844.94

Shares in AstraZeneca fell 1.8% to £42.52 after US rival Pfizer confirmed on Monday that it was abandoning its £55-a-share, £69bn takeover bid for the UK drugs firm.

AstraZeneca was also hit by Societe Generale downgrading its shares to "sell" from "hold".

Lloyds Banking Group rose 1.6% after it confirmed plans to float a 25% stake in TSB on the London market next month.

TSB has 631 branches and 4.5 million retail customers, making it the seventh largest retail bank in the UK.

The bank will give ordinary investors one free share for every 20 shares they buy (up to the value of £2,000) and hold for a period of one year after the float.

On the currency markets, the pound fell 0.3% against the dollar to $1.6789 and dropped 0.2% against the euro to 1.2329 euros.