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Market Musings December 2009

Apart from Inmarsat, a mobile telecoms company, at no 9 the top 11 FTSE100 shares over the month were commodity-related, with gains of between 13% and 30%. Meanwhile, many financials had a poor month, led by a fall of nearly 21% by RBS. If you strip out THE 2% net contribution these mining stocks and RBS made to the FTSE100 it only nudges ahead less than one percent over the month