The FTSE 100 index has ended the day down 48.4 points, or 0.74%, to 6,449.4, as weaker metal prices and worries over a possible increase in interest rates next month brought the index lower.
Associated British Foods posted the biggest gains with a rise of 1.88% to 922p, closely followed by Reckitt Benckiser is up 1.29% to £26.74, while AstraZeneca added 0.88% to £28.80. National Grid climbed 0.7% to 791.5p, while HBOS added 0.56% to £10.77, although gains were offset by BAE Systems which slipped 2.47% to end the session at 453.5p. Property companies were among the biggest losers with British Land falling 2.96% to £14.75, and Hammerson dropping 2.53% to £15.80, while in the mining sector BHP Billiton fell 2.63% to £11.47, and Vedanta Resources slipped 2.57% to £14. In the ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
