FSTE down on falling metal prices

clock

In London, the FTSE 100 closed down after metal prices fell, down 81.8 points, or 1.22%, to 6,630.9.

Unilever saw the biggest gains, up 31 points, or 1.92%, to £16.47, Marks & Spencer followed, up 9 points, or 1.42%, to 641.5p, and Reckitt Benckiser shares added 31 points, or 1.12%, to £27.91. BHP Biliton shares fell by 60 points, or 3.89%, to £14.83, Lonmin shares dropped by 157 points, or 3.64%, to £41.54, and Anglo American lost 120 points, or 3.61%, to end the day on £32.04. On Wall Street, the Dow Jones declined in early trading as markets across the world fell, down 30.16, or 0.22%, to 13,619.81. General Motors made the biggest gains, up 2.47% to 37.68. This was closely followed ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

'Discussion-worthy stuff': Chinese assets under pressure

'Discussion-worthy stuff': Chinese assets under pressure

China has an 18% share of global GDP and only a 3% MSCI ACWI weighting

Chris Justham
clock 02 April 2024 • 2 min read
Why investors 'can't outrun' slow-moving demographics

Why investors 'can't outrun' slow-moving demographics

'Demographic change is a key megatrend'

Darius McDermott
clock 07 March 2024 • 5 min read
Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

British ISA, Office for Budget Responsibility, tax cuts

Valeria Martinez
clock 07 March 2024 • 4 min read