Retail stocks take FTSE into positive territory

Halifax Bank of Scotland stuck close to its opening mark today amid speculation it will announce a £4 billion rights issue this week.

Retail stocks take FTSE into positive territory
Mon, 28 Apr, 2008 - 12:19

Halifax Bank of Scotland stuck close to its opening mark today amid speculation it will announce a £4 billion rights issue this week.

The UK’s biggest mortgage lender was 3.25p lower at 493.75p, although there were gains from other banks after JP Morgan said the worst of the European write-downs might be over.

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