Blog: FTSE 100 dips as stronger pound, Brexit uncertainty weigh; HomeServe shines – Reuters UK

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* FTSE 100 down 0.1%, FTSE 250 adds 0.2

Nov 17 (Reuters) – London’s FTSE 100 hovered around its five-month high on Tuesday as a stronger pound pressured exporters, while investors remained cautious about a post-Brexit trade deal with the European Union.

The blue-chip index dipped 0.1% as a stronger pound weighed on dollar earners such as consumer staple stocks, while the domestically-focussed mid-cap FTSE 250 added 0.2%.

A media report said Britain’s chief negotiator David Frost has told Prime Minister Boris Johnson to expect a Brussels trade deal “early next week”, a day after EU diplomats warned that time was fast running out for a Brexit deal.

In company news, home repair services provider HomeServe Plc added 2.6% after it posted a 16% rise in first-half adjusted profit and raised its interim dividend by 7%. (Reporting by Devik Jain in Bengaluru; Editing by Bernard Orr)

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