Having added more than 150 points in the past three days, the FTSE 100 index today ran out of steam ...
Having added more than 150 points in the past three days, the FTSE 100 index today ran out of steam and dropped about 7 points to 3,762 in the first hour. More than half the stocks in the index recorded losses today, led down by Schroders non-voting stock, which lost 19.75p to 475p. Emap saw its recommendation cut to 'neutral' by equity analysts at JPMorgan, and shares dropped 20p to 754p. Canary Wharf, which yesterday staged a strong rally, is today down 3.5p to 136.5p as investors once again fret over the amount of vacant office space in London. BT Group is do...
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