FTSE slides back on foot of HSBC profits

The London market slid back towards its opening mark today as the City gave a cool reception to record profits from banking group HSBC.

FTSE slides back on foot of HSBC profits
Mon, 28 Feb, 2005 - 11:47

The London market slid back towards its opening mark today as the City gave a cool reception to record profits from banking group HSBC.

After rising 23 points in earlier trading, the FTSE 100 Index retrenched to stand 6.4 points up at 5013.2 by mid-morning.

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