Plant Raid Hits China Goldmines Shares

The JournalMay 19, 2009

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Summary


The FTSE 100 began the week well, closing 98.3 points up at 4446.4 on Monday, reacting strongly to an aggressive start in the US.

The banking sector and consumer stocks were once again the main areas of focus, seeing Lloyds Banking Group, Standard Chartered and Autonomy making good gains, closing at 98p, 1275p and 1486p respectively. Lloyds announced plans to redeem the government's pounds 4bn holding of its preference shares.

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Plant Raid Hits China Goldmines Shares

Lloyds has been under considerable pressure following the acquisition o...

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