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FTSE 100 rises on miners, industrials boost; midcaps hit record high

Published 19/04/2021, 08:22
© Reuters.
UK100
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JMAT
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MRON
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FTMC
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FTNMX601010
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GMKN
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FTNMX551020
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(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 up 0.1%, FTSE 250 adds 0.2%

April 19 (Reuters) - London's FTSE 100 edged higher on
Monday as heavyweight mining and industrial stocks gained, while
shares of Melrose Industries jumped on a sale plan of its unit.
The blue-chip index .FTSE rose 0.1%, with shares of the
British engineer MRON.L gaining 0.3% after it agreed to sell
its Nortek Air Management business for 2.62 billion pounds
($3.63 billion) to Chicago-based Madison Industries.

Miners .FTNMX551020 added 0.2% as they tracked higher
metal prices. MET/L
However, gains were capped as energy stocks .FTNMX601010
declined more than 1% on lower crude prices. O/R
The domestically focussed mid-cap FTSE 250 index .FTMC
gained 0.2% to touch a record high.
Johnson Matthey JMAT.L rose 0.9% after the chemicals
company signed a long-term agreement with Russian metals
producer Nornickel GMKN.MM for the supply of nickel and cobalt
to produce materials used to make electric vehicle (EV)
batteries.

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