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FTSE 100 closes higher on Monday

Xinhua, January 20, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Monday increased by 0.54 percent, or 35.26 points, to 6,585.53.

U.S. financial markets was closed on Monday for the Martin Luther King Jr. holiday and there was few economic data.

Markets were waiting for a crucial European Central Bank (ECB) meeting on Thursday. Investors expected ECB would announce further monetary stimulus to resuscitate the Eurozone economy.

Dixons Carphone's share price increased by 4.44 percent, topped the gainers of the blue chips. Coca-Cola HBC AG, Travis Perkins, CRH and Kingfisher increased by 4.18 percent, 3.81 percent, 3.25 percent and 3.08 percent percent respectively.

Glencore led the top losers of the blue chips with a share price drop of 1.92 percent, followed by BHP Billiton (1.44 percent), Rio Tinto (1.13 percent), BP (1.08 percent) and Fresnillo (0.96 percent).

The index has gained 0.37 percent so far this year when measured in U.S. dollar. Endit