Insurers' Falls Put Brakes On Market ; Blue Chip Share Index Takes Stock: Market Watch
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Summary
L& G slid 5% or 3.1p to 62.15p after it slashed its dividend by 45% and said investment hits had left operating profits on an IFRS basis down 92% to pounds 31m in the six months to June 30.
Fears of a dividend cut from Aviva later this week caused its shares to drop 4.4p to 347.5p, while Standard Life - another of the sector players to report this week - was off 3.9p to 195.8p.See the full content of this document
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Insurers' Falls Put Brakes On Market ; Blue Chip Share Index Takes Stock: Market Watch
Barclays rose another 2% after its interim results on Monday continue...
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