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FTSE up as mining, oil shares resist crude slump

2015-01-07 04:24:08| Industrial Machines - Topix.net

Britain's top share index rose on Tuesday afternoon, reversing earlier losses and tracking a pan-European recovery in energy and mining stocks despite commodity-market concerns as oil prices hit 5-1/2-year lows. The rise came after a survey also showed growth in Britain's dominant services sector suffered its steepest decline in more than three years in December, marking another disappointing piece of economic data.

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