Telecoms and banks drag FTSE down

The London market was set for a depressing end to the week today as the FTSE 100 Index was dragged lower by falls in telecoms and banking stocks.

Telecoms and banks drag FTSE down
Fri, 17 Jan, 2003 - 13:24

The London market was set for a depressing end to the week today as the FTSE 100 Index was dragged lower by falls in telecoms and banking stocks.

By lunchtime the Footsie was down 28.1 points at 3853.7, after spending the whole morning in negative territory.

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CourtsFTSEPlace: LondonPlace: USPlace: Wall StreetPerson: Martin DobsonOrganisation: FTSEOrganisation: FootsieOrganisation: Wall StreetOrganisation: IraqOrganisation: NatWest StockbrokersOrganisation: Abbey NationalOrganisation: Royal Bank of ScotlandOrganisation: HSBCOrganisation: Friends ProvidentOrganisation: Office of Fair TradingOrganisation: Alliance UniChemOrganisation: mmO2Organisation: VodafoneOrganisation: BT GroupOrganisation: Kohlberg Kravis RobertsOrganisation: SafewayOrganisation: MorrisonsOrganisation: SainsburyOrganisation: TescoOrganisation: KingfisherOrganisation: ProMarkt
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