Another tumultuous day for Barclays saw its shares slip into the red today following the resignation of its boss, Bob Diamond.
The beleaguered bank’s shares were down nearly 1%, or 1.4p at 167.1p, after surrendering earlier gains as the chief executive was followed out of the door by chief operating officer Jerry del Missier.
But the wider FTSE 100 Index was up 47.1 points, or 0.8% at 5,687.7 despite a mixed day for banks amid caution about how the rate-rigging scandal will impact the rest of the sector.
Royal Bank of Scotland was down 2.5p at 216.5p, HSBC rose 0.2p to 570.3p and Lloyds was up 0.3p at 31.8p.
Markets were boosted by hopes that the central banks will announce more stimulus amid growing signs the global economy is slowing.
Heavily weighted miners were the main beneficiaries of the stimulus speculation, with Vedanta Resources the top riser – up 55p, or 6%, at £9.61.
Antofagasta was ahead by 42p at £11.39, Kazakhmys up 27p at £7.57 and Evraz 9.2p better off at 267.7p.
The Footsie’s biggest fallers included Kingfisher off 7.2p at 281.8p, ITV down 1.5p at 76.4p and ICAP off 5p at 334.8p.
Outside the top flight, catalogue and online shopping group N Brown saw its shares rise 4%, or 10.5p to £2.59 after it announced a 1.9% increase in like-for-like sales in the 17 weeks to June 30.
Soft drink firm Britvic fell 5%, or 17.8p to 316.7p after it recalled Robinsons Fruit Shoot and Fruit Shoot Hydro packs featuring a new cap design.
Alan MacPhee, of investment manager and financial planning specialist Brewin Dolphin in Aberdeen, highlighted Hunting gaining 3.58% at 767.25p, Wood Group up 3.49% to 725.75p and Weir Group climbing 3.13% to £16.12 as well as FirstGroup shedding 4.45% to 223.75p.
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