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Business · 1 hour ago

London stock index falls as bank and energy shares retreat

London stock index falls as bank and energy shares retreat

The blue-chip index dropped 0.6% to 10,751.57 points on Friday, though it remains on track for solid weekly gains overall. Financial giants led the downward pull, with Lloyds and HSBC losing ground alongside falling energy firms and telecom shares. Precious metal miners bucked the trend to rise 1.6% as gold prices extended their recent market rally.

Reported by Reuters · How we write briefs

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