The UK's benchmark FTSE 100 rose this morning led by gains made by Vodafone and Selfridges. ...
The UK's benchmark FTSE 100 rose this morning led by gains made by Vodafone and Selfridges.
The FTSE 100 rose 0.3% to 3889.5 points, and the FTSE All-Share Index gained 0.11 points to 1867.87 this morning.
Department store Selfridges gained 6p, or 1.8%, to 332.5, and the world's biggest mobile phone company, Vodafone Group, rose 1.25p, or 1%, to 123.75 after the company won a license to provide wireless services in Bahrain.
However, the world's biggest distributor of plumbing products, Wolseley, shed 12p, or 2.2%, to 546, as it was reported that the distributor plans to purchase French company Pinault-Printemps-Redoute's lumber unit Pinault Bois & Materiaux for about 570m euros.
South African insurer Old Mutual also declined, losing 2.25p, or 2.5%, to 88p.
In Asia, Japanese stocks dropped as benchmarks announced their biggest losses this month.
Japan's Nikkei 225 index declined 178.62 points, or 2.2% to 7790.46 at the close in Tokyo.
Hong Kong's Hang Seng index has fallend 18.99 points, or 0.22%, to 8,560.15.
Across the Atlantic trading ended on a gloomy note yesterday as the Dow Jones Industrial Average index dropped 8.75 points, or 0.10%, to 8,328.90 and Nasdaq's Composite index fell 1.13 points, or 0.08%, to 1,424.37.
The S&P 500 index shed 1.57 points, or 0.18% to 892.01.
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