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FTSE 100 opens flat as Greece's markets reopen after five weeks FTSE 100 opens flat as Greece's markets reopen after five weeks
(about 2 hours later)
(Open): The FTSE 100 begins the week all but unchanged as Greece reopens trading after a five-week suspension. (Noon): The FTSE 100 begins the week all but unchanged as Greece reopens trading after a five-week suspension.
Trinity Mirror shares jumped 8% after its results showed it had a net cash position for the first time ever. The benchmark FTSE 100 index was down 6.44 points at 6,689.84.
RBS shares were down 2% on reports the Government could start to sell shares in the bank later today. HSBC were up 1.5% after its results topped hopes with a $13.6bn (£8.7bn) profit. Trinity Mirror shares gained further, up 10% at noon. Results showed it had a net cash position for the first time.
The benchmark FTSE 100 index was down 7.36 points at 6,688.92. RBS recovered some lost ground to stand down 0.67%. There are reports the Government will start to sell shares in the bank soon. HSBC was flat although results topped hopes.
On the currency markets, the pound rose 0.12% against the dollar to $1.5639 and was also up 0.12% against the euro at €1.4242. HSBC made a $13.6bn (£8.7bn) profit.
On the currency markets, the pound fell 0.14% against the dollar to $1.5599 and was flat against the euro at €1.4231.