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London Markets: FTSE 100 lands daily win, but marks worst quarter in years

U.K. stocks edged higher Thursday, with a late-afternoon push coming from GKN PLC after the engineering group sealed a merger, but London blue-chip equities declined for the month and quarter

The pound, meanwhile, was cementing its strongest quarter in nearly three years as investors headed out for the Easter and Passover weekends.

How markets moved

The FTSE 100 index UKX, +0.17% ended up 0.2% at 7,056.61, led by the basic materials and consumer-goods sectors. But the utility and financial groups lost ground. On Wednesday, the index finished up by 0.6%.

The blue-chip benchmark fell 2.3% in March, the third straight monthly decline.

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