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FTSE 100 Index

Last Updated at 18 Sep 2014, 11:36 ET *Chart shows local time FTSE 100 intraday chart
value change %
6819.29 +

Top winner and loser

TUI Travel

384.00 p +

Randgold Resources Ltd.

4430.00 p -
value change %

FTSE 250 Index

15722.81 +

FTSE 350 Index

3698.94 +

FTSE All Share Index

3632.62 +

FTSE Techmark Index

3363.89 +

(Close): French Connection shares dived 9.6% to 60.38p despite the fashion retailer reporting narrower losses.

The company reported a half-year loss of £3.9m, compared with a £6.1m loss a year earlier, and said it expected full-year results to meet expectations.

It said it remained "cautious" about the second half of the year, adding: "As ever, we are dependent on the very important Christmas trading period."

The benchmark FTSE 100 index closed up 38.39 points at 6,819.29.

The main stock markets across Europe were higher after the US Federal Reserve said on Wednesday that it did not intend to start raising interest rates for a "considerable time".

Tui Travel jumped 4.6% to the top of the blue-chip leader board after Morgan Stanley upgraded its rating on the stock to "overweight" from "equal-weight".

Easyjet shares closed 0.45% higher after the airline said it would raise its dividend ratio to 40% of post-tax profit, up from one-third.

The carrier also said it had agreed to add 27 new Airbus planes to its fleet by exercising purchase rights for A320 aircraft to be delivered between 2015 and 2018.

Shares in Merlin Entertainments - the company behind Legoland and Madam Tussauds - were up 2.97% after it said like-for-like revenue growth for the 36 weeks to 6 September was up 6.7%.

On the currency markets, the pound rose 0.6% against the dollar to $1.6372 and climbed 0.2% against the euro to 1.2677 euros.

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