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British FTSE 100 drops after Greek talks collapse

Xinhua, June 16, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Monday decreased by 1.10 percent, or 74.40 points, to 6,710.52 points.

The London stock index closed lower on Monday as concerns about a potential Greek exit from the Eurozone hammered market sentiment.

The two-day talks in Brussels between representatives of the Greek government and its creditors over the prerequisites for the disbursement of further aid to Greece broke up less than an hour on Sunday.

Randgold Resources' share price increased by 0.41 percent, topped the gainers of the blue chips. Tesco, Compass Group and BG Group increased by 0.14 percent, 0.09 percent and 0.05 percent respectively.

Taylor Wimpey led the top losers of the blue chips with a share price drop of 2.86 percent, followed by Imperial Tobacco Group (2.85 percent), TUI AG Reg Shs (2.82 percent), Mondi (2.71 percent) and G4S (2.70 percent). Endit