Excerpt from: Individual Equities CFDs and Spread Bets
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| January 31, 2008 | | Spread betting and contracts for differences on individual equitites | Spread bets and CFDs on bank stocks should consider that there is still trouble in the financial sector. Last quarter's earnings are coming in, and they are showing losses for major banks. Bank stocks are being hit rather hard on the FTSE 100. Bloomberg reports on the struggles in tthe financial sector:
Royal Bank of Scotland, the U.K.'s second-biggest bank,
lost 5.3 percent to 364.75 pence. Barclays Plc, the third
largest, dropped 1.9 percent to 469.5 pence. HSBC Holdings Plc,
Europe's biggest bank my market value, declined 2.7 percent to
734.5 pence. | | |
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