Banks and miners drag down FTSE 100

Banks and miners drag down FTSE 100
 

(Open): London's leading shares fell 1.27% in early Friday trading, with no risers, while banks and miners led the downward trend.
In the opening minutes, the benchmark FTSE 100 index dropped 88.21 points to 6,831.21.
Among the mining firms, Anglo American shed 3.3%, while Antofagasta slipped 2.6%.
Barclays, Lloyds and RBS rounded out the top five losers' list, falling 3.2%, 2.9% and 2.7% respectively.
In fact, banking shares fell sharply in all major European markets as Deutsche Bank's woes deepened.
The German lender saw its share price fall more than 7% as fears grew about its financial... read more

 
30 September 2016 in Business, Views: 38
Source: BBC
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