Feb 22, 2017

Unilever review bolsters FTSE 100

Lloyds closed 3.7% higher after announcing sharply higher annual profits. The FTSE 100 index added 27.4 points, or 0.4%, at 7,302.2 points. Housebuilder Barratt was bolstered by an 8.8% rise in half-yearly profits, ending 0.5% higher. Its figures bolstered the sector, with rivals Persimmon and Taylor Wimpey adding 0.8% and 0.8% respectively. On the FTSE 250, outsourcer Serco slumped almost 20% after posting a 14% fall in trading profit and said it was vulnerable to increased global political uncertainty this year.

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