FTSE 100 hits new record as investors piled into UK index’s defensive heavyweights 

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THE FTSE 100 hit another record yesterday — shrugging off a rough day for global markets as investors piled into the UK index’s defensive heavyweights.  The blue-chip benchmark rose 1.15 per cent to a new closing high of 10,341.56, outperforming Asian markets and US opening.  Traders favoured insurers and telecoms — steady, dividend-payers that tend to hold…

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