Investors Chronicle - magazine and web content, August 28th, 2007
Yesterday's weakness on Wall Street dampens spirits Jonas Crosland
Leading shares in London have stayed in negative territory this morning, to leave the FTSE100 index 37.6 points lower at 6,182.5 by lunchtime. Mid-cap stocks also lost ground, and the FTSE250 index shed 19 points to stand at 10,950. Most investors stayed on the sidelines, awaiting fresh impetus from Wall Street, and trading volume was particularly weak at GBP625m.
Shares in Barclays were 1.4 per cent lower at 603p after the Financial Times reported that bank was left with several hundred million dollars worth of exposure to...
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