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Aberdeen Asset Mgt leads Britain's FTSE higher

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Aberdeen Asset Mgt leads Britain's FTSE higher Empty Aberdeen Asset Mgt leads Britain's FTSE higher

Post by hlk Mon 29 Apr 2013, 15:50

Business & Markets 2013
Written by Reuters
Monday, 29 April 2013 15:09
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LONDON (April 29): Britain's blue-chip index rose on Monday, buoyed
by strong results from Aberdeen Asset Management, while sentiment
was also supported by the resolution of political stalemate in Italy.
Aberdeen surged 5.3 percent in early deals after announcing a 25
percent jump in first-half revenues, saying it would pay a dividend of 6
pence per share - a 36 percent increase on 2012.
The FTSE 100 was up 18.98 points, or 0.3 percent, at 6,445.40 by
0707 GMT.
The index underperformed continental indexes, however, with the Italian
FTSE MIB gaining 1.4 percent after Enrico Letta was sworn in as the
country's Prime Minister after two-months of damaging political
impasse.
The FTSE 100 had outperformed the Italian index year to date, up 9
percent compared to a 1.8 percent gain for the Italian blue chips. -
Reuters
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