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FTSE 100 opens higher as ITV gains

Shares in the broadcaster lead the FTSE higher after a broker upgrade.

Smiths Group shares drop 4% despite the engineering group reporting a rise in annual profits.

Shares in the retail group add 3.5% despite its reporting of a 5.9% fall in half-year profits.

The online grocer sees sales accelerate but says investment in a new distribution centre will increase costs.

Shares in the defence company rise after Qatar agrees to buy 24 Typhoon jets.

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