FTSE down as Tesco predicts 'tough year'

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Shares in the FTSE 100 index fell today, down 53.3 points, or 0.8%, to 6650.2, after the UK's biggest retailer, Tesco, said it would have a "tough year".

Capita saw the biggest increase in share prices after Citigroup advised investors to buy the shares, up 12.5 points, or 1.7%, to 746.5p. This was followed by Shire, up 1.67% to £12.21, then Imperial Tobacco, up 1.4% to £22.40. Hammerson shares rose 1.28% to £15.03 and National Grid gained 0.95% to 741.5p. Tesco saw the biggest fall in share value, down 22.25, or 4.87%, to 434.5p. This was followed by Experian, down 2.66% to 604p, and British Airways, which saw shares slide by 2.64% to 424.5p. In the US, the Dow Jones saw shares slide for a second day due to fears that US house construct...

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