FTSE continues downward trend

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The FTSE is currently marginally down 30.73 points (0.74%) to 4140.52 despite an early rally from mining stocks.

Standard Life leads the losses, dropping 11.75p (4.3%) to 261.25, while Smith & Nephew sheds 16.25p (3.27%) to 480.25. United Utilities Group slides 20p (3.11%) to 624.00, Thomson Reuters is down 38p (3.04%) to 1211.00 and Admiral Group slides 29p (2.9%) to 971.00. However, Johnson Matthey is the best performer so far, jumping 76p (10.52%) to 798.50. The platinum specialist posted strong interim results regardless of the fall in platinum price in the second quarter and a slowdown in the car markets in the US and Europe. Eurasian adds 19.5p (7.52%) to 278.75 and Antofagasta gains 29.25...

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