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Unilever leads FTSE 100 higher Unilever sends FTSE 100 higher
(about 4 hours later)
(Open): London's leading shares edged higher in early Thursday trading, boosted by strong results from Unilever. (Noon): London's leading shares rose 1% in Thursday morning trading, with Unilever making a strong showing.
The consumer goods maker was the top gainer on the FTSE 100 index, rising 3.6% on the strength of better-than-expected third-quarter sales, up 5.7%. The consumer goods maker was among the top gainers on the FTSE 100 index, up 4.2% on the strength of better-than-expected third-quarter sales, up 5.7%.
Overall, the benchmark FTSE 100 was up 39.97 points or 0.64% at 6,309.58. By lunchtime, the benchmark FTSE 100 was up 65.09 points or 1.04% at 6,309.58.
Mining stocks also rose, with Glencore adding nearly 2% and BHP Billiton gaining 1.4%. Mining stocks also rose, with Glencore adding 2.9% and BHP Billiton gaining 1.3%.
On the currency markets, the pound was up 0.14% against the dollar at $1.5498 and was little moved against the euro at €1.3491. On the currency markets, the pound was up 0.08% against the dollar at $1.5489 and rose 0.39% against the euro at €1.3540.