ARM leads FTSE rise

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UK stocks rose, led by computer-related companies such as ARM Holdings and Logica, after Intel said ...

UK stocks rose, led by computer-related companies such as ARM Holdings and Logica, after Intel said first-quarter profits rose and sales increased for the first time in five quarters. The benchmark FTSE 100 Index rose 8.1 points to 5268, extending its four-day gain to 2.5%. Nine shares advanced for every four that declined in the FTSE All-Share Index, which advanced 5.25 points, or 0.2%, to 2558.02. ARM, Europe's largest designer of semiconductors, rose 7.25 pence, or 2.7%, to 272p, for a two-day climb of 9.7%. Logica, whose software processes almost half of the world's text messag...

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