		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/low-festive-trading-pulls-ftse-down.jpg"><img class="alignnone size-full" title="The FTSE 100 Index ducked below the 6,000 level - down 13.1 points to 5995.8" src="http://londonglossy.com/wp-content/uploads/2010/12/min-low-festive-trading-pulls-ftse-down.jpg" alt="The FTSE 100 Index ducked below the 6,000 level - down 13.1 points to 5995.8"/></a></p>
<p>London&#8217;s top share index has slipped into the red as thin festive trading volumes held back progress.</p>
<p>The FTSE 100 Index ducked below the 6,000 level &#8211; down 13.1 points to 5995.8 &#8211; with little in the way of corporate or economic news to extend the recent Santa rally.</p>
<p>Futures trading suggested the Dow Jones Industrial Average on Wall Street was also heading for a lacklustre session.</p>
<p>The Dow &#8211; which was open on Tuesday while London remained shut for the bank holiday &#8211; hit a 28-month high on Tuesday as investors reacted to economic data.</p>
<p>In London, banks were among those responsible for pulling the Footsie back below the 6,000 level.</p>
<p>The top tier closed above 6,000 for the first time since June 2008 on Christmas Eve as thin trading volumes and festive cheer helped blue chips move higher.</p>
<p>But banks including part-nationalised Royal Bank of Scotland were in the red. RBS dropped 0.7p to 40p, with taxpayer-backed counterpart Lloyds Banking Group not far behind, down 0.9p to 67.9p.</p>
<p>Retail giant Next was the leading faller, however, off 2% or 41p to 2006p.</p>
<p>Miners fought back from early session declines seen after China&#8217;s move to raise interest rates by a quarter point on Christmas Day.</p>
<p>The hike was the second rise in just over two months as China &#8211; a major source of demand for mining products &#8211; stepped up its battle to curb soaring inflation.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-69e31567097c2">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-69e31567097c2',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
