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FTSE breaks through 4,000 barrier

The FTSE returned from Easter break with renewed vigour breaking through the 4,000 barrier in early trades.

The blue chip index opened higher this morning at 3,991 after closing 3,984 on April 13. By 9.27am, it was 0.65 per cent higher at 4,011 boosted by a banking rally.

Lloyds Banking group was up 9.4 per cent to 87p, Barclays was up 15.8 per cent to 205.50p and Royal Bank of Scotland gained 8.3 per cent to 31.40p.

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