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FTSE 100 Index

Last Updated at 16 Jan 2018, 10:43 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7779.47 +
+10.33
+
+0.13

Top winner and loser

Admiral Group

1909.00 p +
+40.50
+
+2.17

Antofagasta

1014.00 p -
-24.50
-
-2.36
value change %

FTSE 250 Index

20865.49 +
+32.72
+
+0.16

FTSE 350 Index

4324.26 +
+5.92
+
+0.14

FTSE All Share Index

4270.01 +
+5.57
+
+0.13

FTSE Techmark Index

4666.71 +
+11.11
+
+0.24

(Close): Jet engine maker Rolls-Royce was the biggest riser on the FTSE 100 on Thursday after it announced a share buyback worth £1bn.

The firm's share price rose 8.1% after it unveiled the move, which will use funds generated from the sale of its turbine business to Siemens.

Overall, the benchmark FTSE 100 ended the day up 29.55 points, or 0.4%, at 6,808.11.

BT also rose, up 2% after a robust response to new regulatory moves.

BT said it was "confident our pricing will pass any regulatory test" after Ofcom proposed rules that would make it easier for competitors to match its broadband charges.

Mobile phone group Vodafone was the biggest loser after Bank of America Merrill Lynch warned the short-term outlook for the firm would remain difficult in Europe.

Drugmaker Shire also lost ground, falling 1.2%. The firm saw strong gains earlier in the week amid speculation it could become a bid target.

On the currency markets, the pound rose 0.25% against the dollar to 1.7036 and rose 0.2% against the euro to 1.2522 euros.