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UK blue chips wobble after best week in more than a year

Losses for consumer-goods heavyweight Reckitt Benckiser pressure the London market’s benchmark

UK blue chips wobble after best week in more than a year

UK’s blue-chip stocks were looking for firm direction Monday after last week’s notably strong performance, with losses for consumer-goods heavyweight Reckitt Benckiser among the names pressuring the London market’s benchmark, MarketWatchreports.

How markets are moving: The FTSE 100 was darting between small gains and losses. It opened 0.1% higher, turned lower then rose again, by 0.1% to 7,303.09. Consumer-goods shares led declining sectors, while financial stocks fared the best. The index last week last week it gained 2.9%, the strongest week since December 2016, FactSet data showed.

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