UPDATE 2-China stimulus plan lifts FTSE 100; G4S boosts mid-caps [Reuters]
SMURFIT KAPPA GROUP ADR (SMFKY)
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Source: Reuters
UPDATE 2-China stimulus plan lifts FTSE 100; G4S boosts mid-caps - Reuters 3 Min Read * FTSE 100 up 0.2%, FTSE 250 up 0.3% * China stimulus buoys sentiment * U.S. jobs data reinforces Fed rate cut bets * Homebuilder Berkeley up after trading update (Adds news items, analyst comments, updates to closing prices) By Muvija M and Shashwat Awasthi Sept 6 (Reuters) - London’s FTSE 100 rose on Friday as a new stimulus plan from China helped support sentiment after U.S. jobs data disappointed and housebuilder Berkeley gained after pointing to robust conditions in key British markets despite Brexit uncertainties. The main index edged 0.2% higher, tracking global stock markets that welcomed China’s move to slash the amount of cash that banks must hold as reserves, which will provide more liquidity to support its economy. The mid-caps advanced 0.3%, helped by a 6.5% jump in G4S, the world’s largest private security firm, after Sky News reported U.S. security company Brinks was mulling a takeover
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