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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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FTSE 100 loses ground as exporters slip, Rolls-Royce topples

Fri, 20th Sep 2019 08:37

(For a live blog on European stocks, type LIVE/ in an Eikonnews window)

* FTSE 100 down 0.3%, FTSE 250 up 0.2%

* Rolls-Royce falls on repair delay

* Dollar earners weigh

Sept 20 (Reuters) - Britain's top share index edged lower onFriday as exporter stocks weakened on the back of a firmersterling, driven by rising hopes of a Brexit deal, andRolls-Royce tumbled after longer-than-expected repairs of itsTrent 1000 engines.

The FTSE 100 slipped 0.3% by 0715 GMT, while thedomestically-focussed FTSE 250 index inched 0.2% higher.

Hopes of a Brexit deal after European Commission PresidentJean-Claude Juncker said on Thursday that one was possible,helped the pound extend overnight gains against the dollar to atwo-month high.

Dollar-earners such as Unilever and HSBCweighed on the main index.

Rolls-Royce lost 3.3% after the engine-maker said itexpects problems with its Trent 1000 engines to take longer tofix.(Reporting by Yadarisa Shabong in BengaluruEditing by Andrew Heavens)

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