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FTSE 100 dips but Kingfisher climbs Kingfisher climbs as FTSE 100 edges higher
(about 4 hours later)
Shares in retail group Kingfisher outperformed the market in early trading, despite the firm's reporting of a 5.9% fall in half-year profits. Shares in retail group Kingfisher outperformed the market in morning trading, despite the firm's reporting of a 5.9% fall in half-year profits.
The B&Q and Screwfix owner was the FTSE 100's biggest riser, adding 3.5%. The B&Q and Screwfix owner was the FTSE 100's biggest riser, adding 6.7%.
Overall, the benchmark index was down 6.05 points or 0.08% at 7,269.20. Overall, the benchmark index was up 2.6 points or 0.04% at 7,277.85.
Drinks maker Diageo was the biggest faller, shedding 1.1% after warning that its revenues could be hit by a ban on selling alcohol along national and state highways in India. Drinks maker Diageo was the biggest faller, shedding 2.1% after warning that its revenues could be hit by a ban on selling alcohol along national and state highways in India.
On the currency markets, the pound was up 0.16% against the dollar at $1.3533, but it was flat against the euro at 1.1269 euros. On the currency markets, the pound was up 0.17% against the dollar at $1.3534 and was up 0.07% against the euro at 1.1275 euros.