FTSE 100 adds 2% on positive data



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FTSE 100 Index

Last Updated at 18 Dec 2014, 11:36 ET *Chart shows local time FTSE 100 intraday chart
value change %
6466.00 +
+129.52
+
+2.04

Top winner and loser

Old Mutual

189.90 p +
+10.20
+
+5.68

Coca-Cola HBC AG (CDI)

1222.00 p -
-20.00
-
-1.61
value change %

FTSE 250 Index

15732.71 +
+288.73
+
+1.87

FTSE 350 Index

3536.66 +
+69.90
+
+2.02

FTSE All Share Index

3474.92 +
+67.88
+
+1.99

FTSE Techmark Index

3448.70 +
+78.91
+
+2.34

(Close): London's benchmark index rose 2% as investors welcomed news that UK retail sales had risen at their fastest annual rate in more than 10 years.

Additionally, news that US central bank would take a "patient" approach to raising interest rates buoyed international markets.

The FTSE 100 closed up 129.52 points, or 2%, at 6,466.

Financial services firms Old Mutual and Aberdeen Asset Management both rose by more than 5%.

Brewer SABMiller added 5.6%, while British tech firm ARM Holdings added 4.9%.

British Airways owner IAG ended the day 4.5% higher, after revealing that the Irish carrier Aer Lingus had rejected its takeover offer.

Aer Lingus shares, meanwhile, were almost 9% higher.

The pound was up 0.6% against the dollar at $1.5662 and rose by 1% against the euro to €1.2742.

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