FTSE losing ground

The FTSE 100 Index was in negative territory today despite better than expected profits from banking giant Barclays.

FTSE losing ground
Mon, 09 Feb, 2009 - 11:28

The FTSE 100 Index was in negative territory today despite better than expected profits from banking giant Barclays.

Investors were impressed by consensus-beating profits of £6.1bn (€7bn) as the bank added that writedowns in 2009 would be below the £8bn (€9bn) posted last year.

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