The FTSE 100 Index has lost 22 points, or 0.4%, to 5,796 points this morning, led by Lloyds TSB.
Lloyds TSB, Britain's fifth-largest bank by market value, has fallen 8p, or 1.5%, to 513p. BHP Billiton has lost 14p, or 1.4%, to 984p, Rio Tinto has declined 2.55% to 2,680p and Vedanta Resources has fallen 2.23% to 1,226p. British Airways has risen 2.71% to 388.50p after UBS issued a bullish note, lifting its price target to 500p from 420p. In Japan, the Nikkei 225 Stock Average advanced 191.93 points, or 1.2%, to 15,656.59 points after machinery orders surged unexpectedly in June. Fanuc advanced 60 yen, or 0.7%, to 9,350, Kyocera jumped 180 yen, or 1.9%, to 9,490 and Nidec rose 50...
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