Brewin Dolphin lifts UK midcaps; weak oil prices weigh on FTSE 100 ...Middle East

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Brewin Dolphin lifts UK midcaps; weak oil prices weigh on FTSE 100
source : Devdiscourse ( Middle East ) () 21
London's FTSE 250 index rose on Thursday, led by British wealth manager Brewin Dolphin due to a buyout offer, while heavyweight energy stocks weighed on the blue-chip benchmark FTSE 100 after oil prices fell. The domestically focussed mid-cap index climbed 0.5%, with Brewin Dolphin surging 60.7% to hit a record high after Royal Bank of Canada made an all-cash offer of 1.6 billion pounds ($2.10 billion) to buy the company.

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