FTSE 100 down on Thursday led by Barclays

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Source: Dukascopy Bank SA
British FTSE 100 tumbled on Thursday pushed down by Barclays amid concerns EU summit will not provide any consensus on how to tame region's debt crisis. Barclays Plc plunged 16% after the lender was fined USD 452 million for manipulation of interbank rates Euribor and Libor. Other UK financial institutions also posted broad losses. HSBC Holdings dropped 3.4% and  Royal Bank of Scotland Group sank 9.9%. Reckitt Benckiser deteriorated 2.5% after Credit Suisse downgraded the consumer-products company from outperform to neutral. Currently FTSE 100 trades 1.1% lower at 5,465.

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Fri, 29 Jun 2012 06:40:25 GMT

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