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Monday, March 9, 2009

Market report: Close of trade from the London Stock Exchange


It was inevitable the financial sector would lead the charge on the stock market today by close, in response to the US Government's decision to rescue mortgage lenders Fannie Mae and Freddie Mac with a huge cash injection.
The UK High Street banks have been particularly badly savaged by the credit crunch and in many cases have lost up to two-thirds of their value during the past

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