Profit-taking knocks FTSE

A bout of profit-taking knocked the wind out of the London market’s sails today while a dividend cut at insurer Legal & General saw the stock sink more than 6%.

Tue, 04 Aug, 2009 - 13:01

A bout of profit-taking knocked the wind out of the London market’s sails today while a dividend cut at insurer Legal & General saw the stock sink more than 6%.

Banking shares endured a mixed performance after Standard Chartered announced a share placing and nationalised lender reported first-half losses.

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