FTSE 100 falls as banks and oil firms drop

FTSE 100 falls as banks and oil firms drop
 

London's benchmark share index opened lower, with banks and oil companies among the main fallers.
In early trade, the FTSE 100 was down 54.63 points, or 0.8%, at 6,786.12.
Shares in oil giants Royal Dutch Shell and BP were both down by about 1.5% as the price of oil remained under pressure ahead of a meeting of the Opec oil producers this week.
Oil prices had fallen 3% on Friday, and they slid again on Monday before recovering.
Opec is meeting on Wednesday, but it remains uncertain as to whether the group will agree cuts to oil output in order to rein in global oversupply.
Shares in Royal... read more

 
28 November 2016 in Business, Views: 35
Source: BBC
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