Investors still on edge at FTSE

Carphone Warehouse and Argos owner Home Retail Group fell heavily today after updates from the pair failed to soothe nerves in the retail sector.

Investors still on edge at FTSE
Thu, 12 Jun, 2008 - 12:38

Carphone Warehouse and Argos owner Home Retail Group fell heavily today after updates from the pair failed to soothe nerves in the retail sector.

Stronger mining and energy stocks meant the FTSE 100 Index jumped 49.1 points to 5772.4 by mid-morning, but this masked further volatility for housebuilders, retailers and banks, including HBOS and Barratt Developments.

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