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Stock impact report

FTSE 100 joins global rebound after turbulent week [Reuters]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: Reuters
FTSE 100 joins global rebound after turbulent week | Reuters 3 Min Read (For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 up 1.5 pct, FTSE 250 up 1.1 pct * Consumer staples lead gains * Primark owner ABF falls 2.5 pct after weak trading statement By Helen Reid LONDON, Dec 7 (Reuters) - Britain’s top stock index rose on Friday after a tumultuous week during which global stocks sold off and investors in UK stocks fretted about a parliamentary vote on Brexit next Tuesday. Britain’s FTSE 100 rebounded from Thursday’s plunge to gain 1.5 percent. Financials, consumer stocks and oil majors boosted the index. Investors and analysts remained unconvinced the gains represented a change in sentiment, though. “Are people going to put new cash to work convincingly now, thinking this is the low? I can’t see there’s any urgency to do that now really,” said Ian Williams, analyst at Peel Hunt. “It does look like a bounce from an extreme technical oversold level, but I Show less Read more
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