Banks drag FTSE into red

Banks led the FTSE 100 Index deep into the red today after a gloomy note on the sector from investment bank Morgan Stanley.

Banks drag FTSE into red
Tue, 04 Dec, 2007 - 19:31

Banks led the FTSE 100 Index deep into the red today after a gloomy note on the sector from investment bank Morgan Stanley.

The Footsie dropped by more than 1%, closing down 71.4 points at 6315.2.

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