FTSE 100 closes in the green but FTSE 250 loses ground as market searches new narrative
The UK's top share index finished up over 35 points, or 0.52%, at 6,895
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FTSE 100 closed in positive territory midweek as stock markets rebounded after Tuesday's falls.
The UK's top share index finished up over 35 points, or 0.52%, at 6,895, with pharma groups and tobacco giants making up some of the top risers.
The more domestically focused FTSE 250 went the other direction though, losing nearly 23 points, or 0.,10%, at 22,085.
Cheif market analyst at online trading group IG Chris Beauchamp noted that the market "still seems in search of a new narrative" and added that "earnings season provides the potential for some more downside as companies find themselves struggling to spin a positive case to justify further appreciation in their stock prices".