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FTSE 100 Closes Up on Decent Company Results Despite Rising Costs
The FTSE 100 index closed up Wednesday with the market focussed on decent company results despite the risks of rising inflation. Companies reported solid numbers for the most part, with rising costs failing to significantly impact sales growth, Michael Hewson at CMC Markets said. Still, the travel sector faced considerably higher fuel and airport charges, with TUI dropping to its lowest level in 2021. "Financials have also slipped back, with U.K. gilt yields slipping back in the wake of this morning's CPI numbers, which came in slightly below expectations and in turn is translating into some underperformance from the likes of Barclays and Lloyds Banking Group," Hewson noted.
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phattrader   Friday, 02/09/18 03:11:14 PM
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UAMM cbd site coming i hear

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