UK stocks fell this morning, paced by brewers Scottish & Newcastle and SABMiller. The benchm...
UK stocks fell this morning, paced by brewers Scottish & Newcastle and SABMiller.
The benchmark FTSE 100 is currently down with 32.80 points to 4,127.30.
Scottish & Newcastle shed 6p to 393p. Britain's largest brewer fell after Heineken said that different factors were having a negative effect on beer consumption.
SABMiller also dropped 13.5p to 415p.
Chelsfield advanced 5p to 311p after it was indicated that the real estate company may get a £1bn bid from its chairman and his management team.
UBC Media Group, a supplier of radio programs to commercial stations, rose 5p to 31.5p after the company said its full-year loss decreased to £1.98m as it sold more airtime to advertisers.
In Asia, Tokyo's Nikkei 225 index gained 137.14 points to 9,137.14 earlier today, while Hong Kong's Hang Seng fell 145.30 points to 9,785.01.
On Wall Street, trading ended slightly up last week as the Dow Jones Industrial Average index gained 21.22 points to 9,200.75 by the close, and the S&P 500 index rose 0.99 points to 995.69.
Meanwhile, Nasdaq's Composite index fell 3.92 points to 1,644.72.
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