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Stock prices in London closed lower on Monday, but the FTSE 100 steadily pared earlier losses throughout the day as investors mulled the impact of the ongoing war in the Middle East on inflation and interest rates.
The FTSE 100 index closed down 35.23 points, 0.3%, at 10,249.52. The FTSE 250 ended down 357.65 points, 1.6%, at 22,143.30, and the AIM all-share closed down 17.46 points, 2.2%, at 767.24.
In European equities on Monday, the Cac 40 in Paris closed down 1.0% and the Dax 40 ended 0.8% lower.
The pound climbed to 1.3396 US dollars on M
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