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FTSE 100 led higher by miners as Provident plunges almost 60%

Provident Financial drops almost 60% after second profit warning

FTSE 100 led higher by miners as Provident plunges almost 60%

UK stocks were on track to snap a three-session losing streak Tuesday, bolstered by gains for miners and home builder Persimmon after well-received financial updates.

But Provident Financial shares lost nearly 60% of their value after the doorstep lender issued its second profit warning in three months.

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