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Unilever shines as FTSE 100 sags



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FTSE 100 Index

Last Updated at 17 Nov 2017, 16:23 GMT *Chart shows local time FTSE 100 intraday chart
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Trader in London Image copyright Getty Images

(Close): Unilever was the top gainer on the FTSE 100 on Thursday, rising 2.6% after reporting better-than-expected sales.

The consumer goods firm said its underlying first-quarter sales were up 2.8% and that full-year sales growth would be between 2% and 4%.

Brewer SABMiller also performed well, adding 1.8%, although its sales volume was up only slightly.

But overall, the FTSE 100 dipped, down 36.33 points or 0.51% to 7,060.45.

Two of the top five biggest fallers lost ground as a result of going ex-dividend.

Pearson was the worst performer, dropping just under 4% following troubles with one of its educational technology projects.

Drinks group Diageo saw a 3.6% decline after reporting a 0.7% fall in sales over the three months to the end of March.

Other falling shares included BAE Systems, which ended the day down 3.1%, while Intu Properties dropped 2.9%.

The pound rose 0.53% against the dollar to $1.4906 and 0.06% against the euro to €1.3897.