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  • The Independent

    London shares leap upwards after lower-than-expected inflation reading

    by August Graham Dec 20, 2023 2 minutes
    Source: PA Wire

    Shares in the City leapt upwards on Wednesday as traders celebrated a lower-than-expected inflation reading in the morning.

    The pre-Christmas bounce saw only eight companies trading in the red on the FTSE 100, while retailers such as Marks & Spencer, Ocado and Kingfisher crowded towards the top of the index.

    NatWest bucked the trend among its rivals, becoming the only FTSE 100 bank was in the top five best performers on the day.

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