Home news Barclays slides as FTSE 100 edges up

Barclays slides as FTSE 100 edges up


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