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FTSE 100 rises on tariff delay; Morrisons jumps on profit beat

Published 09/12/2019, 03:19 PM
Updated 09/12/2019, 03:20 PM
FTSE 100 rises on tariff delay; Morrisons jumps on profit beat
UK100
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MRW
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FTMC
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* FTSE 100 up 0.1%, FTSE 250 up 0.2%
* Tariff delay boosts miners
* Morrisons rises after half-year report

Sept 12 (Reuters) - London's blue-chip index edged higher on
Thursday, as a two-week U.S. tariff reprieve on Chinese imports
lifted investor sentiment, while supermarket chain Morrisons
gained after its profit surpassed expectations.
The FTSE 100 index .FTSE rose 0.1%, boosted by heavyweight
miners after U.S. President Donald Trump agreed to delay
increasing tariffs on $250 billion worth of Chinese imports. The
mid-cap index .FTMC added 0.2% by 0707 GMT.
Morrisons MRW.L climbed 4% to the top of the FTSE 100
after the No. 4 grocer in Britain posted a 5.3% rise in
first-half pretax profit that beat analysts' forecasts and
announced a special dividend.

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