UK stocks ended the day on a gloomy note, paced by Hanson, the world's largest producer of crushed r...
UK stocks ended the day on a gloomy note, paced by Hanson, the world's largest producer of crushed rock for the construction industry, after annoucning there is likely to be a problem with its pension funding as well as asbestos claims.
The benchmark FTSE 100 closed closer to 4000 after losing another 26.20 points today to 4,041.70.
Hanson lost 33.25p to 335.25p after the world's largest producer of crushed rock for the construction industry said its first-half earnings will suffer by a $64m charge against 21,000 new asbestos claims in the US.
On a better note, ASK Central, the pizza chain, gained 4p to 129p as its owner says some central London restaurants are showing signs of improvement after stumbling last year.
Berkeley Group advanced 20.5p to 740.5p after Britain's fifth-largest homebuilder announced full-year profit rose 13% to £154.7m, encouraged by rising house prices.
Conder rose 2p to 16p after the company publicised a full-year pretax profit of £560,000, compared with a loss in the previous year.
Forth Ports gained 15p to 900p.
Informa Group dropped 6.5p to 226p after the publisher announced first-half sales will fall with 10% as the business environment remains troublesome.
ISoft Group rose 26p to 286p. The company said full-year profit advanced almost 50% to £13.3m, boosted by increased government spending on computer systems.
Pearson, publisher of the Financial Times, shed 7p to 565p after Eurazeo SA, France's biggest publicly traded investment company, said it may sell its 1.8% holding in Pearson.
Trinity Mirror also dropped 5p to 431.5p.
On Wall Street, the Dow Jones Industrial Average index is currently up 30.82 points to 9,042.35.
The S&P 500 index is also up 5.06 points to just below the 1,000 mark at 980.38, and Nasdaq's Composite index has so far gained 19.08 points to 1,621.74.
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