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FTSE 100 up 0.1%, FTSE 250 off 0.2%
April 27 (Reuters) - The UK's FTSE 100 edged higher on Thursday, snapping a three-day losing streak as markets cheered upbeat corporate updates, while shares of Capricorn Energy fell due to a full-year operating loss.
The blue-chip index was up 0.1%, while the mid-cap FTSE 250 lost 0.2%, as of 0717 GMT. Pharmaceuticals gained 1.9%, lifted by a 2.1% rise in AstraZeneca after the drugmaker beat expectations for its first-quarter profit and revenue, helped by sales of its drugs in emerging markets. Banks added 0.7%, led by Barclays gaining 2.7% after the lender's first-quarter profit exceeded expectations as strong performance from its credit card business offset pressure on other business lines. Unilever gained 1.3% after it smashed quarterly sales forecasts as another big rise in prices triggered only a small dip in volumes. Capricorn Energy shed 6.2% on posting an operating loss of $160 million from continuing operations, owing to unsuccessful explorations outside Egypt as well as an impairment charge. (Reporting by Shristi Achar A in Bengaluru; Editing by Sonia Cheema)
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