FTSE down slightly

Barclays led the FTSE 100 Index lower today after one of its biggest investors sold a major stake in the banking giant.

FTSE down slightly
Tue, 02 Jun, 2009 - 19:50

Barclays led the FTSE 100 Index lower today after one of its biggest investors sold a major stake in the banking giant.

The bank was as much as 16% down at one stage after Abu Dhabi royal family-backed International Petroleum Investment Corp (IPIC) sold the equivalent of 1.3 billion shares.

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CourtsBusinessFTSEPlace: Abu DhabiPlace: AtlanticPlace: USPlace: LondonPlace: UKOrganisation: FTSEOrganisation: BarclaysOrganisation: International Petroleum Investment CorpOrganisation: IpicOrganisation: FootsieOrganisation: Wall StreetOrganisation: Lloyds Banking GroupOrganisation: RBSOrganisation: HSBCOrganisation: WPPOrganisation: B&QOrganisation: KingfisherOrganisation: DIYOrganisation: ArgosOrganisation: HomebaseOrganisation: Home Retail GroupOrganisation: Kingfisher’sOrganisation: Supermarket SainsburyOrganisation: LonminOrganisation: XstrataOrganisation: Home RetailOrganisation: Hammerson
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