Shares on London's leading stock exchange rose on Friday as the Bank of England's 1.5% base rate cut filtered through, but US stocks tumbled and Asian markets saw mixed results.
The FTSE100 advanced more than 2% in early trading as it once again scaled 4,350, with British Airways the biggest mover despite a plunge in profits. The Royal Bank of Scotland's share price also rose despite warnings this week it would publish annual losses for the first time in its 281-year history. Tullow Oil has climbed more than 6%. Stock markets in Asia saw mixed trading on Friday with South Korea's Kospi index up after a cut in interest rates but Japan's Nikkei index falling. South Korea's central bank cut rates to 4%, helping the Kospi index end almost 4% up, while Hong Kong's Ha...
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