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FTSE falls back after initial gains FTSE falls back in first trading session of 2015
(4 months later)
(Close): London's leading shares opened higher in the first trading session of 2015, but lost ground over the course of the day.(Close): London's leading shares opened higher in the first trading session of 2015, but lost ground over the course of the day.
By the close, the FTSE 100 was down 18.29 points or 0.28% at 6,547.80.By the close, the FTSE 100 was down 18.29 points or 0.28% at 6,547.80.
In the housebuilding sector, Barratt Developments and Taylor Wimpey, which saw gains in New Year's Eve trading, fell victim to profit-taking, shedding 2.23% and 2.1% respectively.In the housebuilding sector, Barratt Developments and Taylor Wimpey, which saw gains in New Year's Eve trading, fell victim to profit-taking, shedding 2.23% and 2.1% respectively.
Travel firm Tui was the top gainer, adding 2.33%.Travel firm Tui was the top gainer, adding 2.33%.
Meanwhile the price of Brent crude oil declined further, falling 0.33% to $57.00 a barrel.Meanwhile the price of Brent crude oil declined further, falling 0.33% to $57.00 a barrel.
On the currency markets, the pound fell 1.42% against the dollar to $1.5356 and lost 0.71% against the euro to close at €1.2784.On the currency markets, the pound fell 1.42% against the dollar to $1.5356 and lost 0.71% against the euro to close at €1.2784.