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LONDON MARKETS: Banks Lift U.K. Stocks To 51/2-year High

U.K.'s benchmark was back on a strong footing on Friday, after breaking a 10-day winning streak the prior day, with banks advancing after a broker upgrade and oil firms showing positive moves.The FTSE 100 index climbed 0.5% to 6,723.06, closing at the highest level since October 2007. On the week, the index gained 1.5%.Banks posted some of the biggest gains, after analysts at UBS lifted European banks and diversified financials to overweight from underweight with a preference for Nordic and U.K. banks. Additionally they singled out, Royal Bank of Scotland Group PLC (RBS)as one of its favorite picks, sending it shares 5.7% higher.Lloyds Banking Group PLC (LYG) gained 3.2%, Barclays PLC (BCS) put on 2% and HSBC Holdings PLC (HBC) rose 1.3%.Shares of Wm Morrison Supermarkets PLC picked up 1.4%, after it announced a long-term agreement with online retailer Ocado Group PLC , which will enable Morrison's to deliver groceries to customers' homes by January 2014. Shares of Ocado soared 36%.Oil...

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  3. LONDON MARKETS: FTSE 100 Gains For 10th Straight Day

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  5. LONDON MARKETS: FTSE 100 Eyes 10th Day Of Gains As EasyJet Rallies

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  9. LONDON MARKETS: FTSE 100 Climbs For Ninth Straight Day

    U.K. stocks extended gains into a ninth straight day on Tuesday, with Severn Trent PLC soaring after bid news, while miners added pressure after a sector downgrade.T...

  10. LONDON MARKETS: FTSE 100 Aims For 9th Straight Day Of Gains

    U.K. stocks were on track for a ninth straight day of gains on Tuesday, with Severn Trent PLC soaring after bid news, while miners added pressure after a sector down...

  11. EUROPE MARKETS: Europe Stocks Drop As German ZEW Disappoints

    European stock markets dropped on Tuesday, after weaker-than-expected German investor confidence data offset a surprisingly strong reading on euro-zone industrial pr...

  12. LONDON MARKETS: Miners Drag FTSE 100 From 2013 High

    U.K. stocks were on track to break an eight-day winning streak on Tuesday, with miners adding pressure, while Severn Trent PLC soared after bid news.The FTSE 100 ind...

  1. EUROPE MARKETS: European Stocks Rise To Highest Level Since 2008

    Europe's benchmark stock index closed at its highest level since June 2008 on Friday, with banks in the driver's seat after better-than-expected data from the U.S. r...

  2. EUROPE MARKETS: Banks Lift Europe Markets After U.S. Data

    European stocks moved higher on Friday and flirted with multiyear highs, with banks in the driver's seat after better-than-expected data from the U.S. removed some w...

  3. EUROPE MARKETS: Banks Lift Europe Markets, Eye Weekly Gains

    European stock markets moved higher on Friday and flirted with multiyear highs, with banks in the driver's seat after an upbeat broker upgrade for the sector.The Sto...

  4. LONDON MARKETS: Banks Lift U.K. Stocks After Upgrade

    U.K.'s benchmark rose on Friday, with banks advancing after a broker upgrade, offsetting weakness in food and tobacco stocks, which declined after downgrades.The FTS...

  5. EUROPE MARKETS: Europe Stocks Track U.S. Lower, Eye Weekly Gain

    European stock markets dropped on Friday, tracking U.S. stocks lower, after investors were spooked by comments that the Federal Reserve could be looking at fading ou...

  6. LONDON MARKETS: FTSE 100 Ends 10-day Winning Streak

    The U.K.'s benchmark index ended a 10-day winning streak on Thursday, hurt by oil stocks declining in the wake of a European Commission probe into alleged oil-price ...

  7. EUROPE MARKETS: Europe Stocks Bruised By U.S. Data

    Disappointing U.S. jobs, manufacturing and housing data hit European stock markets on Thursday, as investors worried the world's largest economy isn't recovering at ...

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