Min­ers lead falls, banks up in FTSE

The Pak Banker - - Company& -

LONDON: The FTSE 100 slipped back on Thurs­day with most sec­tors fall­ing in thin trad­ing, but with banks ral­ly­ing af­ter falls on Wed­nes­day. The Foot­sie is strug­gling to fin­ish 2010 above the 6,000 mark. The top tier closed above the 6,000 level for the first time since June 2008 on Christ­mas Eve as a ' Santa rally' helped blue chips move higher.

On Thurs­day, the last full day of trad­ing be­fore the end of the year, the FTSE 100 was 6.69 points lower at 5989.67. Heavy­weights such as BP are among those lower to­day.

The oil gi­ant is 2.55p lower at 470.8p.Banks and re­tail­ers did their best to prop up the top flight as Bar­clays rose 2.15p to 266.85p, part-na­tion­alised Lloyds Bank­ing Group added 0.2p to 67.8p and Tesco cheered 1.1p to 436.5p. In cur­rency, the pound is at $1.5491 com­pared to $1.5464 at the pre­vi­ous close. -PB News

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