London Market Report

  • 30 July 2014
  • From the section Business

(Close): Banking shares prospered, but failed to keep the FTSE 100 out of the red in Tuesday's trading.

Barclays topped the list of gainers with a 4.2% rise. Its six-monthly profits fell 7%, but earnings rose in its personal and corporate banking arm, as well as its Barclaycard business.

Royal Bank of Scotland was another top gainer, adding 2.5%.

Overall, the FTSE index was down 0.5% by lunchtime at 6,805.35.

Mining stocks fared less well. Antofagasta topped the losers' list, falling 4.6% after posting a rise in copper output that was slightly ahead of forecasts.

On the currency markets, the pound was down 0.19% against the dollar at $1.6911, and down 0.08% against the euro at 1.2626 euros.