Banks hold FTSE back

The London market struggled to find positive momentum today amid downbeat news from the banking sector and housing market worries.

Banks hold FTSE back
Mon, 21 Jun, 2004 - 19:05

The London market struggled to find positive momentum today amid downbeat news from the banking sector and housing market worries.

An uninspiring trading update from Lloyds TSB and predictions of little progress in the housing market conspired to send the FTSE 100 Index 3.6 points lower to 4502.2 by the end of the session.

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