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Royal Mail leads FTSE lower as Greece and China weigh
Citywire.co.uk The blue chip index fell 39 points, or 0.6%, to 6,798 with Royal Mail (RMG) sliding 3.9% to 436.5p after analysts at JPMorgan cut their rating to 'neutral' from 'overweight' and trimmed their price target to 505p from 575p. Miners were also in the red … FTSE underperforms euro zone as commodity shares drop FTSE falls on Greece, Ukraine, China woes, Royal Mail hit by downgrade Weaker banks hamper FTSE 100 |
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