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Barclays slides as FTSE 100 edges up

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Barclays was the biggest loser on the FTSE 100 in Thursday morning trading as its third-quarter results failed to impress investors.The bank’s share price fell 5.4% after a weak performance in its investment banking division led to lower-than-expected profits.However, mining and energy stocks performed well, with Rio Tinto faring best, up 2.4%.Overall, the 100-share index was up 33.74 points or 0.45% at 7,480.95.Another big faller was housebuilder Barratt, which took a tumble after going ex-dividend, sliding 5%.On the currency markets, the pound was down 0.23% against the dollar at $1.3231. It also fell 0.21% against the euro to €1.1199.
Source: BBC