Shares in Barclays bank were suspended from trading after a dramatic 9% drop in share price on Friday...
Shares in Barclays bank were suspended from trading after a dramatic 9% drop in share price on Friday. The temporary suspension happened amid rumours of a $10bn write-down caused by the sub-prime crises. The speculation has been denied by the bank including further conjecture that top management would resign. The shares later resumed trading and recovered to 474p. Other losers on Friday include Friends Provident, down 7.18% to 148.70, Rathbone Brothers, down 9.4% to 1089, and New Star, down 8.6% to 276.5p.
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