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FTSE gains on house builders, retail as miners dive

FTSE indices closed today convincingly higher as house builders retained stellar early gains following UK Chancellor George Osborne's promise of 400,000 new homes. These, along with the wider retail sector, financials and utilities, underscored the overall positive theme.

DMGT's resilient performance

Daily Mail and General Trust reports a resilient performance for the year to the end of September in line with expectations.

SEA's funding

SeaEnergy has agreed a working-capital funding package under which it can draw up to GBP1.0m over the next 12 months.

GRPH's win

Graphene NanoChem has entered into a three-year leasing and tolling agreement with Temasek Growth Sdn Bhd for the production of refined bleached deodorised palm oil at the Lahad Datu plant in Sabah, Malaysia.

TCG's profit

Thomas Cook has swung to a FY pretax profit of GBP119m, from a prior-year loss of GBP115m.