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Eurozone woes prompt FTSE 100 fall | Eurozone woes prompt FTSE 100 fall |
(about 2 hours later) | |
(Noon): London's benchmark index of leading shares fell 1% in Friday morning trading, reflecting similar falls in other key European markets. | (Noon): London's benchmark index of leading shares fell 1% in Friday morning trading, reflecting similar falls in other key European markets. |
Investors were rattled by renewed fears over the health of the eurozone, after Greece delayed Friday's €300m debt repayment to the IMF. | Investors were rattled by renewed fears over the health of the eurozone, after Greece delayed Friday's €300m debt repayment to the IMF. |
By lunchtime, the FTSE 100 index was down 68.63 points at 6,790.61. | By lunchtime, the FTSE 100 index was down 68.63 points at 6,790.61. |
There were only four gainers, all of them mining stocks. Anglo American led the pack with a 1.4% rise. | There were only four gainers, all of them mining stocks. Anglo American led the pack with a 1.4% rise. |
Construction firms fared less well. Barratt was down 2.5% and Taylor Wimpey shed 2.4%. | |
On the currency markets, the pound fell 0.43% against the dollar to $1.5300 and was down 0.22% against the euro at €1.3640. | On the currency markets, the pound fell 0.43% against the dollar to $1.5300 and was down 0.22% against the euro at €1.3640. |