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FTSE up almost 2% at close

The FTSE 100 has risen by almost 2 per cent on Tuesday as the blue-chip index continues to bounce back after concerns over Greece and Spain unnerved markets.

At close, the FTSE 100 was up 1.86 per cent to stand at 5403.28. The German Dax and the French Cac 40 were up 1.7 and 1.9 per cent respectively.

Royal Bank of Scotland made the biggest gain in the FTSE 100, having seen its share price increase by 5.53 per cent.

Markets ended last week over 5 per cent down over eurozone fears.

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