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FTSE unruffled by May's new Brexit move FTSE unruffled by May's new Brexit move
(about 5 hours later)
(Noon): Markets largely shrugged off Prime Minister Theresa May's announcement that the government would be publishing a White Paper setting out its plans for leaving the EU. (Close): Markets largely shrugged off Prime Minister Theresa May's announcement that the government would be publishing a White Paper setting out its plans for leaving the EU.
By lunchtime, the benchmark FTSE 100 share index was up 21.07 points or 0.29% at 7,171.41. By the close, the benchmark FTSE 100 share index was up 14 points or 0.2% at 7,164.43.
Sterling was up 0.5% against the dollar at $1.2584 and 0.38% higher against the euro at 1.1710 euros. Sterling was up 0.78% against the dollar at $1.2619 and 0.65% higher against the euro at 1.1742 euros.
Rental equipment firm Ashtead Group was the top gainer on the FTSE, up 3.2%. Miner Antofagasta was the top gainer on the FTSE, up 4%.
Telecoms company Vodafone was the biggest faller, shedding 2.7% on a broker downgrade.