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FTSE slumps below 5400 on Greek fears but Barclays bucks the trend
As we mentioned in this week’s podcast, the markets have been suffering on the back of European fears as talk of Greece leaving the Euro, Spanish downgrades and French elections all affect market confidence and we have seen the FTSE fall below 5400 which is the lowest it has been since December2011.
The fall of the FTSE however hasn’t affected Barclays however. This came as a surprise to many investors as their shares rose by 2.55p to 188.65p on the back of a change of recommendation from UBS changing its status from neutral to buy.
Read the full article from the Guardian here.