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FTSE 100 index inches back up



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FTSE 100 Index

Last Updated at 23 Nov 2017, 15:17 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7418.33 -
-0.69
-
-0.01

Top winner and loser

Sage Group

812.50 p +
+30.50
+
+3.90

Centrica

138.60 p -
-24.70
-
-15.13
value change %

FTSE 250 Index

20017.19 +
+3.33
+
+0.02

FTSE 350 Index

4127.78 -
-0.20
-
-0.01

FTSE All Share Index

4076.05 -
-0.71
-
-0.02

FTSE Techmark Index

4617.04 +
+8.30
+
+0.18

(Close): The biggest story on London's market was the takeover bid for TSB, which pushed the newly-floated bank's share price up 23% to 326p.

Spain's Sabadell bank has bid 340p a share for the UK bank, which was spun off from Lloyds Banking Group in 2014.

The FTSE 100 ended the day up 0.6%, or 39.56 points, at 6,761. The index is up about 3% so far this year.

AstraZeneca rose 4% on hopes that clinical trial results for its heart drug Brilinta will prove positive.

Rival pharma firm Shire was up 2.73%.

It was a bad day for Argos owner Home Retail Group, which closed down 11%, while oil producer Soco International crashed 34% after writing off almost $80m on exploration assets in Vietnam and the Congo.

While miners led the London market higher at midday, BHP Billiton actually ended the day 2.48% down.

Television company ITV couldn't sustain its earlier gains and ended 0.73% up at 248.9p following news that it was to buy Dutch TV firm Talpa, producer of The Voice talent programme.

Other winners included holiday cruise company Carnival, up 2.21%, and investment bank Schroders, up 2.14%.

Sterling fell 0.44% against the dollar at $1.4864.

And it was down 1.04% against the euro, making one euro worth 71.36p.