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FTSE 100 inches up in early trading at start of week

FTSE 100 inches up in early trading at start of week

Monday 22nd February 2010

The FTSE 100 was up 10.99 points or 0.21 per cent in early trading at the start of the week, hitting 5,369.16 by 09:55 GMT on Monday.

Packaging firm Bunzl led the gains at 4.98 per cent after its pre-tax profits came in comfortably ahead of expectations.

Controversy-hit miner Vedanta Resources rose 2.70 per cent, with Royal Bank of Scotland Group (2.43 per cent), Kazakhmys (2.17 per cent) and Barclays (2.15 per cent) all on the up.

Leading the losses was GlaxoSmithKline, which slipped 1.98 per cent, with fellow biopharmaceutical Shire down 1.82 per cent.

Marks and Spencer Group was down 1.23 per cent meanwhile, with Next down 1.18 per cent, National Grid slipping by 1.15 per cent and Burberry Group falling 1.09 per cent.ADNFCR-1783-ID-19627823-ADNFCR

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