Drug companies steady FTSE

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The FTSE 100 has ended the session up 3.1 points, or 0.05%, to 6,416.4, as positive trading news offset losses by property companies.

SABMiller posted the biggest gains with a rise of 2.59% to £11.48, closely followed by British Airways which added 2.09% to 514p, while Morrison Supermarkets climbed 1.7% to 314.5p. Drug companies also performed well with GlaxoSmithKline up 1.49% to £14.33, while AstraZeneca advanced 1.14% to £27.51, although gains were limited by Scottish & Newcastle which fell 2.09% to 586p, while ICAP dropped 1.82% to 525.75p. Property companies dropped following a report on the US housing market, with Slough Estates posting the biggest losses with a fall of 2.38% to 778p, while Land Securities Group...

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