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London Markets: FTSE 100 slips as miners pull back, but Barclays pushes higher

U.K. stocks slipped Thursday as miners pulled back, but Barclays PLC shares leapt as the bank returned to profit.

The FTSE 100 UKX, +0.01% shed 0.1% at 7,296.64, with utility, basic material and consumer goods shares losing ground. The British blue-chip benchmark on Wednesday closed up 0.3%.

But Barclays shares BARC, +3.34% outperformed the broader market, climbing 3% as the lender swung to a full-year net profit of 1.6 billion pounds ($1.99 billion) and said it’s now just months away from finishing its restructuring.

Banking gains: Most London-listed bank shares moved higher after a hefty week of earnings releases from the sector.

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