UK stocks dropped this morning, led by MMO2 after analysts cut its recommendations. The benc...
UK stocks dropped this morning, led by MMO2 after analysts cut its recommendations.
The benchmark FTSE 100 is currently down 6.60 points to 4,018.20. after MMO2, Britain's fourth-largest mobile-phone company, shed 0.75p to 54.25p after Goldman cut its recommendation for the stock to "underperform" from "in-line".
Corus Group gained 0.25p to 17.5p.
RMC dropped 9.75p to 465p after the company announced its 2003 financial performance will probably meet analyst expectations.
In Asia, Tokyo's Nikkei 225 index dropped 77.07 points to 9,547.73 earlier today, and Hong Kong's Hang Seng lost 11.23 points to 9,634.87.
On Wall Street, trading ended up yesterday as the Dow Jones Industrial Average index lost 72.63 points to 9,070.21 by the close and the S&P 500 index shed 8.05 points to 985.70.
Nasdaq's Composite index also fell 15.27 points to 1,663.47.
Will remain until completion of OM's managed separation
Dispute over structure of combined group
Financial Guidance and Claims Bill
Favorable tax treatment
What made financial headlines over the weekend?