Barclays’ shares hit three-year low

Barclays’ shares hit a three-year low yesterday in another day of pain for the banking stocks, as further analysts’ downgrades and continued rumours of emergency central bank funding plagued the sector.

Analysts predicted that “things could get worse” if investors continued to run scared from UK bank stocks because of fears that the companies are hiding hits from investments in US sub-prime mortgages.

Barclays’ shares hit three-year low as banks suffer – Times Online

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