FTSE 100 shrugs off pre-Budget report

Wednesday 9th December 2009

The FTSE 100 ended Wednesday down 19.24 points, mirroring falls in the European markets and Wall Street.

The London index finished on 5,203.93, a drop of 0.37 per cent, on the day chancellor Alistair Darling unveiled his pre-Budget report.

Leading the gains was Segro, up 3.67 per cent, to 333.30p.

Old Mutual was the biggest loser, down 5.63 per cent, to 104p, with Man Group also recording a fall of 12.4 points.

The much-anticipated PBR this afternoon, in which Mr Darling announced a levy on bankers' bonuses, however, had surprisingly little effect on the banking shares. ADNFCR-1783-ID-19504600-ADNFCR

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