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By Lisa Pauline Mattackal and Shashwat Chauhan
(Reuters) -UK’s FTSE 100 closed up on Thursday, though lagging its European peers as energy giants slipped tracking declining crude oil prices, which offset gains from China-exposed pockets of the market following Beijing’s latest pledge for more policy measures.
The blue-chip FTSE 100 closed 0.2% up, underperforming peers on the continent. Europe’s STOXX 600 and Germany’s DAX ended more than 1% up.
Heavyweight energy shares eased 4.4% as crude oil prices dropped more than 2% on a media report that Saudi Arabia will give up its price target in preparation for raising output, and as OPEC+ looked set to raise output in December. [O/R]
“Growing concerns of…


