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FTSE 100 dragged down at close of trading

FTSE 100 dragged down at close of trading

Monday 7th December 2009

The FTSE 100 shrunk again on Monday after losing 11.70 points, 0.22 per cent, at close of trading.

Continued speculation over a potential windfall tax in Wednesday's pre-Budget report led to uncertainty over banking stocks.

Royal Bank of Scotland and Lloyds Banking Group, both taxpayer-owned, saw their shares dip 5.05 and 4.48 per cent respectively.

Barclays was not immune from the worries as its shares dipped 2.39 per cent.

Leading the index in the opposite direction were copper mining group Antofagasta (2.17 per cent) and travel firms Thomas Cook Group and TUI Travel (2.07 and 1.66 per cent). ADNFCR-1783-ID-19499300-ADNFCR

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