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FTSE 100 seesaws, but Tesco soars on deal and dividend

Benchmark of British blue-chips on track for a 0.5% fall over the week

FTSE 100 seesaws, but Tesco soars on deal and dividend

UK stocks wobbled Friday, and appeared headed toward a weekly loss, but Tesco shares rallied by the most in two years on deal and dividend news from the UK’s largest supermarket chain.

The FTSE 100 was edging down 0.1% at 7,155.72 after a flat open. Consumer services, tech and basic materials shares rose. But health care and financial shares were declining. The index on Thursday ended down by less than 0.1% after a choppy session.

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