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| FTSE 100 gains as China worries ease | |
| (about 4 hours later) | |
| (Noon): The UK market managed to recover some of the ground lost over the past couple of days in the wake of the yuan's depreciation. | (Noon): The UK market managed to recover some of the ground lost over the past couple of days in the wake of the yuan's depreciation. |
| By lunchtime, the FTSE 100 index was up 50.85 points, or 0.8%, at 6,622.04. | By lunchtime, the FTSE 100 index was up 50.85 points, or 0.8%, at 6,622.04. |
| Shares in drink bottling company Coca-Cola HBC surged 8.5% after its half-year results beat expectations. | Shares in drink bottling company Coca-Cola HBC surged 8.5% after its half-year results beat expectations. |
| In the six months to 3 July, net profits rose 32% to €125.2m, and the company said it was upbeat about its prospects. | In the six months to 3 July, net profits rose 32% to €125.2m, and the company said it was upbeat about its prospects. |
| "We have become more optimistic as the year has progressed and remain confident that 2015 will be a year of volume growth and progress on margins," said chief executive Dimitris Lois. | "We have become more optimistic as the year has progressed and remain confident that 2015 will be a year of volume growth and progress on margins," said chief executive Dimitris Lois. |
| Tui Group jumped 7.2% after the travel firm said annual profits were set to come in at the top end of expectations. | Tui Group jumped 7.2% after the travel firm said annual profits were set to come in at the top end of expectations. |
| The company said strong demand for summer holidays had offset the impact of the beach attack in Tunisia, which it said would cost it £20m. | The company said strong demand for summer holidays had offset the impact of the beach attack in Tunisia, which it said would cost it £20m. |
| Shares in security and outsourcing firm G4S fell 4.4% after Goldman Sachs and Exane BNP Paribas both lowered their ratings for the company. | Shares in security and outsourcing firm G4S fell 4.4% after Goldman Sachs and Exane BNP Paribas both lowered their ratings for the company. |
| On the currency markets, the pound rose 0.1% against the dollar to $1.5629 and climbed 0.49% against the euro to €1.4060. | On the currency markets, the pound rose 0.1% against the dollar to $1.5629 and climbed 0.49% against the euro to €1.4060. |