The benchmark FTSE 100 is currently down 22.00 points to 4,241.90 after UK stocks fell this morning ...
The benchmark FTSE 100 is currently down 22.00 points to 4,241.90 after UK stocks fell this morning paced by losses made by Xstrata and BHP Billiton. BHP Billiton fell 8p to 428.5p after an analyst at Dresdner Kleinwort Wasserstein cut the European mining industry to "underweight" from "neutral". Xstrata, the world's fourth-largest coal exporter, shed 13p to 504.5p. Derwent Valley Holdings dropped 23p to 635.5p. The real-estate company said the net value of its assets declined 12% in the first half because of deterioration demand for lettings in London. Dixons G...
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
