Miners Shore Up Ftse but Are Unable to Reverse Decline

The ScotsmanAugust 14, 2008

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LONDON FTSE 100 CLOSE 5,448.6 -85.9

BRITAIN'S leading share index fell almost 1.6 per cent yesterday as fears over more writedowns weighed on banks while firmer crude oil prices rekindled inflation worries, though miners offered some support.

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Miners Shore Up Ftse but Are Unable to Reverse Decline

The benchmark FTSE 100 index ended down 85.9 points at 5,448.6, but fared better than other major European indexes because of the heavyweight miners.

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