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Banking shares lead FTSE 100 higher | Banking shares lead FTSE 100 higher |
(about 4 hours later) | |
(Noon): London's leading shares edged higher in Monday morning trading, with banks among the top gainers. | |
By lunchtime, the benchmark FTSE 100 index was up 28.57 points, or 0.44%, at 6,556.48. | |
Barclays was the star performer on the index, rising 2.4%, while HSBC added 0.6% and Royal Bank of Scotland made gains of 0.5%. | |
Retailer Sports Direct International was the worst performer, falling 1.3% after a broker downgrade. | |
The pound lost ground against the euro, down 0.25% to 1.2730 euros. | |
However, it gained 0.06% against the dollar, rising to $1.5984. |