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FTSE 100 falls back

The FTSE 100 opened marginally higher today but soon slipped into the red as banks and mining stocks led the index lower.

By 9.23am, the index was down 0.6 per cent to 4,438 and by 1.37pm it had fallen 1 per cent to 4,416.

Barclays was down 2.1 per cent to 275p, Lloyds Banking Group down 4 per cent to 96.60p, HSBC down 1.4 per cent to 569.50p and Royal Bank of Scotland down 3.8 per cent to 45.60p.


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