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FTSE 100: Miners lead markets lower amid Greek uncertainty

“Investors are for the moment giving the bank the benefit of the doubt as
a recovery play, such that on reflection the general market view of the
shares as a buy should remain intact,” Richard Hunter, head of equities
at Hargreaves Lansdown Stockbrokers, said.

Inter-dealer broker Icap was the biggest faller on the FTSE 100 in
morning trading, down 3.8pc, after Goldman Sachs downgraded it to “neutral”
from “buy”.

On the upside, fashion retailer Next rose 1.66pc as Deutsche bank
raised its rating on the firm to “buy” from “hold”.

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