Monday, June 20, 2011

FTSE 100 shares end in the red (AFP)

LONDON (AFP) ? Stocks ended in the red on Monday as the banking sector slumped on concerns over exposure to Greece.

The benchmark FTSE 100 index of top shares dropped 0.38 percent to finish the day at 5,693.39 points.

The Royal Bank Of Scotland (RBS) was the most widely traded stock of the day, with 130 million shares changing hands, followed by Lloyds Banking Group (LBG), which saw 120 million units switch owners.

Inmarsat was the best blue-chip performer, rising 4.61 percent -- or 26 pence -- to finish at 590.5, followed by International Consolidated Airlines Group, which rose 2.11 percent -- or 4.90 pence -- at 237.4.

RBS was the biggest faller of the day, shedding 4.42 percent -- or 1.78 pence -- to close at 38.51, followed by Man Group, which slipped 3.61 percent -- or 8.30 pence -- to finish at 221.5.

On the currency markets, a pound was worth 1.6203 dollars at 17:03 BST, up from 1.6194 at the same time last Friday, while it stood at 1.1319 euros, down from 1.1320 over the same period.

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/afp/20110620/wl_uk_afp/britainstocksclose

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