FTSE dips into the red

House price gloom outweighed gains for energy stocks as the London market dipped into the red today.

FTSE dips into the red
Thu, 29 May, 2008 - 19:03

House price gloom outweighed gains for energy stocks as the London market dipped into the red today.

Retailers, housebuilders and banks were all well into negative territory as investors fretted over the latest survey from Nationwide that showed a record 2.5% fall in house prices during May.

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