Stocks climb at open after Ireland bailout (AFP)
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LONDON (AFP) – Stocks advanced on Monday in cautious opening deals after Ireland secured an 85-billion-euro bailout from the European Union and International Monetary Fund.
The benchmark FTSE 100 index rose 0.37 percent to 5,689.94 points.
However, the euro sank to a two-month low in a nervous reaction to the 113-billion-dollar Ireland bailout that European governments had hoped would steady the under-pressure currency.
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