Despite the chance of a rebound earlier in the day, the FTSE closed down at the end of a difficult week for global markets.
The FTSE100 fell 36 to 6215 while the FTSE All Share fell 0.56% to 3210.69. Mining stocks were the main drag on the FTSE but Experian, Standard Chartered and Whitbread also slumped. However, there was good news for names including Vodafone, Reckitt, Rolls-Royce and Vodafone. Resolution shares also rose on news there may be alternatives to a merger with Friends Provident. Shares in the insurer were up 2.69% at the close of play. Meanwhile, Wall Street started lower with the Dow Jones down 11 at 13,461 and the S&P down 1 at 1,481. The decline was blamed on investors still showing caution ...
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