FTSE ends flat on little inspiration

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The FTSE 100 index failed to make any headway in trading today and closed almost flat at its starting point, as a result of further selling in online poker group PartyGaming.

Having started the day flat, the FTSE 100 index rose just 5.7 points or 0.1% to 5,507 by close of business in London, as PartyGaming fell another 7.5p or 5.54% to 128p on the back of analysts ratings cuts. Vodafone also dropped 3.5p or 2.73% to 124.75p but money market firm Schroders reversed the trend and rose 14.5p or 1.66% to 885.5p while Barclays gained 12p or 2.19% to 559.5p. In the US, trading is not faring much better on the back of a small shift in the oil price. The Dow Jones index is currently up just 10.5 points or 0.1% to 10.788.25 while the S&P 500 index has earned 1.55 p...

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