FTSE 100 slides on Thursday despite RBS resurgence

Thursday 25th February 2010

The FTSE 100 slipped over one per cent on Thursday, despite Royal Bank of Scotland posting better-than-expected results for last year.

The London index ended the day on 5,278.23 - a fall of 64.69 points, or 1.21 per cent.

Xstrata led the drops, falling 4.76 per cent, with Capita Group also slipping 4.23 per cent to 712.5p.

RBS led the gains throughout the day after revealing losses of £3.6 billion for 2009, a significant improvement on the £24.3 billion posted the year before.

At the end of play, shares in the bank were up to 6.23 per cent to 38.38p.

Lloyds Banking Group was also up 2.64 per cent to 54.9p. ADNFCR-1783-ID-19638093-ADNFCR

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