London stock market stands lower by midday
www.chinaview.cn 2008-06-05 16:59:55   Print

    LONDON, June 5 (Xinhua) -- A revival among banking shares in the London stock market was not enough to prevent the FTSE 100 from standing lower in lunchtime trade Thursday.

    By midday, the benchmark FTSE 100 index was down 13.8 points, or 0.23 percent, at 5,956.3.

    Banks rose after an upbeat analyst note. HBOS added 5.4 percent, Royal Bank of Scotland climbed 2.8 percent and Barclays shares put on 2.3 percent.

    Shares in Morrisons fell 2.8 percent after the supermarket group reported a 7 percent rise in like-for-like sales excluding fuel, a slower rate than seen over Christmas.

Editor: An Lu
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