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FTSE 100 eases back from earlier losses | |
(about 5 hours later) | |
(Close): London's FTSE 100 eased back from a fall of more than 1% to close down by 0.34% at 6,895.8 points. | |
Capita was for the second day the biggest faller, ending 4% lower - having sunk 27% on Thursday after a profit warning. | |
Banks recovered from heavy falls after speculative reports that troubled Deutsche Bank's US fine may be reduced. | |
Barclays ended 0.3% up and Royal Bank of Scotland was 0.96% better. | |
Oil prices, boosted this week in the wake of hopes of an Opec agreement to cut output, made further gains. | |
Brent crude rose 0.18% to $49.99 a barrel, and US crude was trading 0.5% up at $48.05. | |
On the currency markets, the pound was up 0.29% against the dollar at $1.3005 and up 0.20% against the euro at €1.1578. | |