FTSE 100 Fights off Slipping Late to Finish Slightly Down



Stocks slip late in session to close slightly down

Stocks slip late in session to close slightly down

The FTSE 100 took a downward turn late in the day on Monday to finish down 10.57 at 5,148.28.

International Power was the strongest FTSE 100 performer, climbing 10.5% to finish at 350.  Talks with France’s GDF-Suez about a merger have resurfaced.

BP was the worst performer on worries about a leak on the sea floor.  It gave back much of its gain last week to finish at 387.8p.

Also, Prudential fell 9 to finish at 513.  This slide occurred even though speculation may end about being a takeover target by AIA International.

Lloyd’s GRP was the volume leader. Following Lloyd’s GRP were BP, Vodafone, RBS and Barclays, respectively.

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