		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/exchanges-merger-fails-to-lift-ftse.jpg"><img class="alignnone size-full" title="The FTSE 100 fell 16.5 points to 6074.9" src="http://londonglossy.com/wp-content/uploads/2011/02/min-exchanges-merger-fails-to-lift-ftse.jpg" alt="The FTSE 100 fell 16.5 points to 6074.9"/></a></p>
<p>Shares in the London Stock Exchange have raced ahead after it unveiled a deal to join forces with the owner of the Toronto Stock Exchange.</p>
<p>The proposed combination, which will create a leading trading platform with more than 6,700 listings, helped LSE&#8217;s shares lift 9% or 84p to 976p in the FTSE 250 Index.</p>
<p>In the top flight, trading was more subdued after the FTSE 100 Index jumped to a new high for the year on Tuesday night. It retreated 16.5 points to 6074.9 as household goods giant Reckitt Benckiser disappointed investors with fourth quarter results showing a 3% drop in operating profits.</p>
<p>The Slough-based group, which owns brands including Cillit Bang and Dettol, joined rivals in cautioning over input costs and competition within the industry. Shares in the blue-chip stock fell nearly 4% or 126p to 3319p.</p>
<p>The biggest improvement in the top flight came from leisure group Whitbread, which climbed 45p to 1838p, while insurer Prudential added 16.5p to 732p.</p>
<p>Elsewhere, shares in Playtech were 4% or 16p higher at 402.5p after the Daily Telegraph reported that Ladbrokes has begun exploratory merger talks with the world&#8217;s biggest provider of gambling software.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-69e3124e7a90f">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-69e3124e7a90f',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
