The UK's benchmark ended the day 19.9 points down at 5517.1 with the Techmark closing 8.63 points do...
The UK's benchmark ended the day 19.9 points down at 5517.1 with the Techmark closing 8.63 points down at 1594.24 and the FTSE all share index closing 8.45 down at 2665.38.
Baltimore Technologies having lost 91% in value this year denied that it was in talks that could lead to a buyout by US software group Computer Associates International. It gained 3p to 34p.
Troubled stock Marconi fell 2p to 109p bringing to an end a recent north trend. The FT reported that Arnold Weinstock, who quit the board five years ago but remains a dominant shareholder is to vote against the re-election of non-executive directors Raymond Seitz and Alan Rudge.
Clothing group New Look fell 3.5p to 85.5p after reporting sales in stores open for a year rose less than one per cent in the 15 weeks to 7 July. Insurer Old Mutual added 2.25p to 155.5p on news that it's to buy CGNU's life insurance business in Pakistan.
The country's leading mobile phone group Vodafone lost 4.75p to 152.5p on news that Deutsche Telekom plans to increase competition.
The US markets opened with mixed movements for its three core indices. The Nasdaq fell 30.98 points to 2053.81, while the Dow Jones lost added 4.58 to 10,543.64 and the Standard & Poor's 500 lost 5.19 to 1210.49.
Citigroup added $1.37 to 50.23 after reporting a 13% gain in second half profit with consumer operations profit jumping 19%. Bank of New York having missed analyst expectations fell $5.33 to 44.07. Chiron fell $2.31 to 44.33 after analysts predicted a share fall after the US Food and Drug Administration failed to approve a blood testing system it had developed.
The aviation sector's constant evaluation of errors in order to improve safety should be applied to defined benefit (DB) schemes, as too many are repeating the same mistakes again and again, research has shown.
IA sectors – help or hindrance?
Despite multiple complaints
Annuity market worth £4bn in 2017
For ‘distress’ caused