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Energy, bank stocks lift FTSE 100 as virus concerns weigh

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

* FTSE 100 up 0.5%, FTSE 250 adds 0.5%

Nov 11 (Reuters) - London’s FTSE 100 rose on Wednesday, extending a rally of more than 6% this week as energy and bank stocks jumped on hopes of a COVID-19 vaccine, although concerns over surging coronavirus cases limited gains.

The blue-chip FTSE 100 index gained 0.5%, while the domestically focussed mid-cap FTSE 250 advanced 0.5%.

Energy and banks stocks rose 2.3% and 1.3%, respectively.

An opinion poll showed almost two-thirds of Britons said they would get vaccinated for COVID-19, but young people are far more likely to refuse a jab than older people, even as Britain reported 532 new coronavirus-deaths on Tuesday, its highest since May.

Defence company BAE Systems Plc rose 1.7% after it slightly raised its profit outlook, saying demand for its capabilities remained high and orders for military kits this year had exceeded its expectations.

Reporting by Devik Jain in Bengaluru; Editing by Bernard Orr

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