The benchmark FTSE 100 closed down 25.10 points today to 4,102.50 after UK stocks ended Tuesday on a...
The benchmark FTSE 100 closed down 25.10 points today to 4,102.50 after UK stocks ended Tuesday on a pessimistic note.
Among today's losers was AstraZeneca which shed 101p to 2,459p after analysts at Goldman, Sachs said the drugmaker's blood-clot treatment may pose a threat to patients' livers and may be subject a extended review by US regulators.
Aviva advanced 14p to 473p after it announced that Norwich Union will cut 900 jobs in its general insurance and life and pensions businesses.
HSBC Holdings gained 5p to 761.5p after an analyst at SG Securities Corp. raised his recommendation for the stock to "buy" from "hold".
Intec Telecom climbed 3.75p to 34.5p. The software maker announced it gained a contract to supply Telikom Papua New Guinea with software for charging both domestic and international callers.
Meanwhile, International Power shed 1.25p to 140.5p after an analyst at Goldman Sachs cut his recommendation for the stock to "in-line" from "outperform".
Also shedding was Reckitt Benckiser - the world's biggest maker of household cleaners - that fell 35p to 1,121p.
On Wall Street, the Dow Jones Industrial Average index is currently down 27.66 points to 9,149.49 and the S&P 500 index is also slightly down 0.04 points to 1,003.82.
Meanwhile, Nasdaq's Composite index has so far gained 2.87 points to 1,757.69.
Chris St John to take over £3bn UK Select Opps
The majority of financial advisers (85%) believe the number of self-invested personal pension (SIPP) providers will continue to fall in the coming year, according to Dentons Pension Management research.
Short-term noise or something sinister?