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London Stock Market Rises on Truss Measure to Freeze Home Energy Prices | Economy

by Alexandra Hartman Editor-in-Chief

On the London floor, the mining company Antofagasta led the gains, advancing 4.16%.

The London Stock Exchange closed the session this Thursday with a rise of 0.33%, following the British Prime Minister, Liz Trusshas announced a plan to temporarily freeze the rise in energy bills for households.

The FTSE-100, the main index in the British capital, advanced 24.23 points, to 7,262.06 integers, while the secondary FTSE-250 gained 0.36%, 66.81 points, to 18,878.29 integers.

At the close of trading, the British pound was up 0.10% once morest the euro at €1.1535, and was down 0.30% once morest the US dollar at $1.1484.

On the London parquet the mining company Antofagasta led the gains, advancing 4.16%while fund manager Pershing Square Holdings rose 2.90%, bank Standard Chartered 2.77%, services firm Experian 2.71% and delivery firm Ocado Group 2.37%.

On the other hand, the investor Melrose Industries led the losses, with a fall of 9.34%, the food company Associated British Foods fell 7.56%, the retail chain B&M European Value Retail 5.02%, the supermarket chain Tesco 4.77% and Sainsbury supermarkets 4.54%.

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