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Britain's FTSE heads for first weekly gain since mid-May
by Cals Fri 28 Jun 2013, 15:51
Britain's FTSE heads for first weekly gain since mid-May
Business & Markets 2013
Written by Reuters
Friday, 28 June 2013 15:16
LONDON (June 28): Britain's top share index edged higher early on Friday, consolidating what is set to be its first week of gains since mid-May, and with consumer staple stocks lifted by an upbeat note from Goldman Sachs.
The FTSE 100 was up 19.99 points, or 0.3 percent, at 6,263.39 points by 0706 GMT, taking its gains for the week so far to 2.5 percent.
Unilever added 1 percent, while Diageo gained 0.5 percent after Goldman Sachs added the two companies to its Conviction List, saying the recent market pullback had created "a rare and attractive opportunity to buy structural winners whose fundamentals remain intact". - Reuters
Business & Markets 2013
Written by Reuters
Friday, 28 June 2013 15:16
LONDON (June 28): Britain's top share index edged higher early on Friday, consolidating what is set to be its first week of gains since mid-May, and with consumer staple stocks lifted by an upbeat note from Goldman Sachs.
The FTSE 100 was up 19.99 points, or 0.3 percent, at 6,263.39 points by 0706 GMT, taking its gains for the week so far to 2.5 percent.
Unilever added 1 percent, while Diageo gained 0.5 percent after Goldman Sachs added the two companies to its Conviction List, saying the recent market pullback had created "a rare and attractive opportunity to buy structural winners whose fundamentals remain intact". - Reuters
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