Morning Markets: Financials send FTSE higher

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The FTSE 100 once again headed higher this morning after closing ahead on Monday for the 11th consecutive session.

Led by Lloyds Banking Group, the index added 13.7 points, or 0.3%, to trade at 4,599.8 in opening exchanges. Shares in Lloyds, which was formed from the Government-backed merger of Lloyds TSB and Halifax Bank of Scotland, gained 3% to 86p on hopes for an upbeat half-year earnings report due later this week. Business software firm Sage Group advanced 3.6% after reporting that trading was in line with expectations for the nine months to the end of June, while publishing group Pearson added 2.4%, extending its Monday rally. On the downside, gold mining group Randgold Resources lost al...

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