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FTSE 100 Index

Last Updated at 29 Jul 2014, 11:36 ET *Chart shows local time FTSE 100 intraday chart
value change %
6807.75 +
+19.68
+
+0.29

Top winner and loser

GKN

366.00 p +
+22.90
+
+6.67

easyJet

1304.00 p -
-40.00
-
-2.98
value change %

FTSE 250 Index

15687.02 +
+70.49
+
+0.45

FTSE 350 Index

3692.33 +
+11.56
+
+0.31

FTSE All Share Index

3626.41 +
+11.30
+
+0.31

FTSE Techmark Index

3260.72 +
+7.17
+
+0.22

(Close): Car and plane parts maker GKN was the biggest riser on the FTSE 100 at the close of trade after reporting a surge in profits.

The company's share price gained 7% on the strength of its first-half results, which showed a 6% increase in pre-tax profit.

Overall, the FTSE index closed up 19.68 points, or 0.29%, at 6,807.75.

Clothing retailer Next added more than 2% after the firm reported a half-yearly sales rise of 10.7%.

It also said it was raising its profit forecast for the second time in three months.

Commenting on the GKN and Next results, Patrick Butler from the broker Prime Wealth Group, said:

"In both cases, good numbers. Next has come out with another stunning set of numbers and sales are higher than anticipated," he said.

Wealth manager St James's Place was the among the biggest losers, down 2.8% despite reporting record funds of £47.6bn.

On the currency markets, the pound was down 0.26% against the dollar at $1.6939, and down 0.06% against the euro at 1.26730 euros.

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