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FTSE shrugs off hotter-than-forecast inflation as Sage shines, Nvidia results loom

European equities traded higher on Wednesday morning, as stocks in London shrugged off a hotter-than-forecast UK inflation reading for now.Sage shone on the FTSE 100, while Severn Trent also impressed.The FTSE 100 index climbed 23.61 points, 0.3%, at 8,122.63. The FTSE 250 edged up 22.23 points, 0.1%, at 20,449.85, and the AIM All-Share was up 2.56 points, 0.4%, at 726.79.The Cboe UK 100 was up 0.

Why Card Factory shares folded despite resilient first half sales and reiterated full year guidance

First half profits plungeFirst interim dividend in five yearsFull year guidance unchangedFollowing a stunning run into the numbers, shares in Card Factory (CARD) cheapened 16% to 121p after the value-focused greeting cards-to-party supplies retailer delivered a drop in first half earnings and warned full year profits will be second half weighted.While some investors took profits on the unnerving n

Blue-chip FTSE 100 index ends the day lower, dragged down by AstraZeneca, BP and Shell

London's FTSE 100 index fell on Tuesday, amid share price falls for some of its largest constituents, including AstraZeneca, BP and Shell.The FTSE 100 index fell 64.86 points, or 0.8%, at 8,205.98. The FTSE 250 ended flat at 20,656.14, and the AIM All-Share eased 2.87 points, or 0.4%, at 743.86.5.The Cboe UK 100 slid 0.6% to 821.91, the Cboe UK 250 rose 0.1% at 18,185.65, and the Cboe Small Compan
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