TV and property stocks lift FTSE

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The FTSE 100 index has so far this morning gained around eight points to 4,513 after UK stocks rose, led by ITV and British Land.

ITV rose 2p to 128p after an analyst at Merrill Lynch repeated his "buy" recommendation on the stock. British Land, the U.K.'s second-biggest property company, added 11p to 633p as Merrill Lynch raised its recommendation on the shares to "buy" from "neutral". Glaxo, the world's No. 2 drugmaker, gained 16p to 1,178p. In Asia, Tokyo's Nikkei 225 index gained 24.16 points to 11,824.56 earlier today, while Hong Kong's Hang Seng dropped 37.33 points to 12,441.93. On Wall Street, trading ended on a mixed note yesterday as the Dow Jones Industrial Average index gained 19.51 points to 1...

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