Most U.K. Stocks Advance After Two Days of Losses for FTSE 100

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Most U.K. stocks rose, after the FTSE 100 Index’s worst two-day drop since June, while shares trading without the right to dividends held back gains for the gauge.

TUI AG surged 6.6 percent after the tour operator said profit growth will be at the upper end of its forecast. Vodafone Group Plc and Barclays Plc, among members with the biggest weighting on the FTSE 100, rose 1.3 percent or more. G4S Plc slid 5.4 percent after Goldman Sachs Group Inc. and Exane BNP Paribas downgraded the shares.

Passengers stand at the TUI Fly low-cost airline check in desk.
Passengers stand at the TUI Fly low-cost airline check in desk.
Photographer: Jasper Juinen/Bloomberg

The benchmark measure dropped less than 0.1 percent to 6,568.33 at the close in London, as two stocks rose for every one that fell. It fell 2.5 percent in the past two days as China’s move to devalue its currency triggered a rout in global markets.

AstraZeneca Plc, Royal Dutch Shell Plc, Rio Tinto Group and 17 other FTSE 100 companies traded without their rights to dividends today, shaving almost 36 points off the gauge.

The FTSE 250 Index of smaller firms climbed 0.9 percent, while Ireland’s ISEQ Index rallied 2.1 percent.

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