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FTSE 100 climbs 1% after WHO tempers China virus fears

Published 01/24/2020, 04:16 PM
Updated 01/24/2020, 04:24 PM
FTSE 100 climbs 1% after WHO tempers China virus fears
UK100
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FTMC
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JE
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TKWY
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* FTSE 100 climbs 1%, FTSE 250 up 0.6%
* All sectors on main board up in early deals
* Just Eat falls on UK CMA probe into Takeaway.com deal

Jan 24 (Reuters) - London's main index rebounded sharply on
Friday as investor nerves were eased after the World Health
Organisation issued a measured assessment of the new coronavirus
in China, though Just Eat slid on a probe of its buyout by
Takeaway.com.
The new SARS-like virus has killed 25 people and infected
more than 800 so far. While the WHO termed the outbreak "an
emergency in China", it refrained from declaring it an epidemic
of international concern.
The FTSE 100 .FTSE looked set to end a four-day losing
streak as it rose 1%. The FTSE 250 .FTMC advanced 0.6%.
Lagging the blue-chips was Just Eat JE.L , which skidded 3%
after Britain's competition watchdog said it would investigate
Takeaway's TKWY.AS takeover of the food delivery company.

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