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Rolls-Royce helps drive FTSE 100 higher

Equities head up even as the pound continues to hover at 10-month highs

Rolls-Royce helps drive FTSE 100 higher

UK blue-chip stocks pushed higher Tuesday, with shares of BP and Rolls-Royce gaining after respective earnings reports from the oil major and the engine manufacturer, MarketWatch reports.

The FTSE 100moved up 0.4% to 7,402.96, led by industrial and oil and gas stocks. But basic materials shares sagged. The benchmark on Monday closed up 0.1% and logged a July rise of 0.8%.

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