FTSE sheds some gains

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Some of the bigger stocks by weighting have fallen this morning, dragging the FTSE 100 index down 18...

Some of the bigger stocks by weighting have fallen this morning, dragging the FTSE 100 index down 18 points to 4,109. GSK is down 16p to 1196p, Vodafone is down 1.5p to 117.75p, and BP is down 2.75p to 407.75p. Johnson Matthey, the chemicals specialist, leads the losers in percentage terms, with a 17.5p fall to 885.5p. BAE Systems is up today, despite news over cost overruns involving the UK's biggest ever defence contract for aircraft carriers – shares gained 1p to 148.75p this morning. Miner Xstrata leads the gainers with a 7.75p gain to 421.75p. The FTS...

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