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FTSE 100 slides as traders return to work

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London’s leading shares closed down as the City settled back into work after the long Bank Holiday weekend.The benchmark FTSE 100 index closed 64.03 points or 0.87% lower at 7337.43.Broadcaster ITV led the downward trend, shedding 4.91%, while supermarket Morrisons fell 3.7%.At the other end of the scale, mining stocks were buoyant. Randgold Resources was up 4.56%, while Fresnillo rose 2.59%.Shares in troubled doorstep lender Provident Financial fell after a three-session winning streak, ending 1.04% down.The firm had been on an upward trajectory, posting daily double-digit rises since its 66% plunge on Tuesday last week.On the currency markets, the pound was up 0.04% against the dollar at $1.2938, but down 0.33% against the euro at 1.0759 euros.
Source: BBC