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FTSE 100 in holding pattern, but Rio Tinto roars

Anglo-Australian miner unveils higher-than-expected dividend

FTSE 100 in holding pattern, but Rio Tinto roars

UK stocks traded slightly lower Wednesday, but Rio Tinto’s shares jumped after the miner’s earnings report, helping to limit the decline.

The FTSE 100 pulled back 0.2% to 7,169.30. The UK’s main stock benchmark is on track for a weekly fall of 0.3%, after dipping Monday and edging up Tuesday.

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