FTSE bruised by hard selling

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Investors only looked one way today as share prices failed to recover from an opening drop and sent the FTSE to a 71 points loss to 4,306.30 by the close as US markets opened down this afternoon.

Just four index members saw their shares gain as the main board of the London Stock Exchange went overwhelmingly red. Amvescap, the London listed fund manager that makes most of its money in the US, led the rout, shedding 14p to 316.75p. Man Group fell 54p to 1,400p. British Airways fell 8.75p to 238.25p after Thailand reported the re-emergence of bird influenza was now confirmed in most of the country, including the capital Bangkok. Barclays led the banks down, shedding 16p to 444p after reports a quarter of MPs have lent their support to the idea of forcing banks to hand over ...

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