Energy stocks fail to drain FTSE

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The FTSE 100 has ended the day up 27 points, or 0.46%, to 5,897.9 as Wall Street surged on news of a mild inflation report.

Energy group continued to try and drag the FTSE down, with Cairn Energy topping the losers with a fall of 2.08% to 1,978p, while Kazakhmys slipped 1.14% to 1,209p and BG Group dropped 1,1% to 718.5p. However Reuters led the rally with gains of 2.71% to 388.5p, closely followed by Sage Group which climbed 2.49% to 226p, while property company Hammerson added 2.14% to 1,291p. Partygaming also suffered by the close with losses of 1.19% to 104p, although Amvescap gained 2.32% to 517.5p, while Man Group also performed well with an increase of 2.22% to 415p. In the US the Dow Jones Industri...

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