FTSE dampened regardless of takeover action

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The FTSE ended trading with falls of 33.07 points (0.64%) to 5103.05, despite an EDF buy-out this morning.

Communications company Inmarsat led the losers, tumbling 63 (11.45%) to 487p. Vedanta Resources and Aviva also slipped by 6.48% to 1428p and 6.43% to 491.25p respectively. However, London Stock Exchange climbed 59.50 (7.22%) to 883.5p. British Energy Group shares were bolstered by a buy-out by EDF this morning, up 41 (5.66%) to 765p. Lonmin, Eurasian and Prudential were also in today’s top five winners. Looking Stateside, the Dow Jones is also down 35.21 points (0.32%) to 10818.96. Amer Intl Group has taken the biggest hit, plunging 0.7 (14%) to 4.3. Citigroup and Gen Electric have ...

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