Pru stems earlier loss on FTSE

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UK stocks have recovered slightly from this morning, however, the benchmark FTSE 100 is trading down 38.80 points at 4616.40 points late this afternoon.

Prudential has stemmed the blood flow after losing 27p this morning. The insurer is down 30p to 392p. Old Mutual leads the afternoon fallers, losing £4.25 to 112.25. Sainsbury is also down 7p to 242p. Brewer, Scottish and Newcastle climbed steadily throughout the day, picking up 14.50p to 397.50p, with SAB Miller also up 5p to 762p. Earlier this afternoon, the Dow Jones Industrial Average index opened down 44.24 points to 9853.38 points in the US. Experiencing a see saw ride, Honeywell joins investment bank, JP Morgan Chase as early losers on the US benchmark, down $1.25 to $ 34.1...

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