The FTSE 100 Index has completed a day of recovery trading positively in the absence of its counterpart in the US today due to a thanksgiving holiday.
The UK benchmark finished the day 34 points higher at 4753.4 points after water company United Utilities announcing its non-regulated units may increase sales by as much as 14% a yearand subsequently climbed 16p to 374.75p. That said, the dollar weakened against the euro yet again, and the price of gold leapt to a 16-year high above $452 a troy ounce. Tesco surged to a record high, picking up 10.75p to 308.75p after the UK’s largest retailer reported sales growth at its UK stores exceeded analysts estimates, and is currently up around 12%. Tobacco firm Gallaher Group also picked up 25...
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