Drug Manufacturers Drag Down Market As Ftse Slips Again

Summary


Britain's leading share index ended slightly lower yesterday, rallying during late trading in tandem with a turnaround on Wall Street after positive US home sales data was offset by weak drugmakers and banks.

By the close, the FTSE-100 was down 4.83 points or 0.1% at 5547.08, its third consecutive session of losses since hitting its highest close since late April on Monday.

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Extract


Drug Manufacturers Drag Down Market As Ftse Slips Again

"If you look at the charts, it does still look like it is forming an upward channel," said Phil Gille...

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