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Miners lead FTSE rebound, Lookers sinks on profit warning

Published 01/11/2019, 09:17
Updated 01/11/2019, 09:18
© Reuters.  Miners lead FTSE rebound, Lookers sinks on profit warning
UK100
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FTMC
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LOOK
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100, FTSE 250 up 0.3%

* Lookers falls after CEO departure, profit warning

* Miners provide biggest boost to main index

Nov 1 (Reuters) - The UK blue-chip index bounced back on

Friday after its worst session in a month, with miners leading

gains following upbeat data from the world's top metals

consumer, China, while car dealership firm Lookers tanked after

another profit alert.

The FTSE 100 .FTSE was 0.3% higher by 0805 GMT, recouping

some of the more than 1% drop in the previous session, and the

FTSE 250 .FTMC added 0.3%.

Lookers LOOK.L plunged 30% on the smallcap index after the

company issued its second warning on profits in less than four

months and announced the departure of its two top executives.

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