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FTSE gets relief rally, Marks & Spencer, Travis Perkins, Wetherspoon suspend dividends

The FTSE 100 bounced strongly on Friday, rising 4.6% to 5,389 points following gains in Asian markets overnight and expectations of more stimulus actions from around the world to combat the coronavirus pandemic. Stocks which have been hardest hit over the last two weeks bounced back strongly with share prices in Flutter (FLTR), Whitbread (WTB) and Royal Dutch (RDSB) all up double digit ...

FTSE closes to its biggest loss since financial crisis as recovery rally runs out of steam

London stock markets chalked-up the worst weekly performance since the 2008 financial crisis despite clawing back a fraction of lost territory in Friday trading as earlier strength flagged. The benchmark FTSE 100 index closed 2.5% up at 5,366.11 on Friday, cementing a near 18% weekly loss, the biggest since a 21% drop in October 2008. That slump made it the third week running of heavy declines as ...
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