The FTSE 100 has ended the day down 32 points, or 0.51%, to 6,287, as a plunge in crude oil and metal prices led commodity and energy stocks lower.
Cairn Energy was the biggest drag on the index with a fall of 4.72% to 317.15, with miners following close behind as Kazakhmys fell 4.32% to £10.40, Rio Tinto dropped 4.03% to £25.46, while Xstrata slipped 4.01% to £23.20. International Power was also among the top fallers with a drop of 4.09% to 374.75p, although losses were limited by Vodafone which gained 2.07% to 148.25p and by BT which climbed 2.65% to 319.25p. However Morrison Supermarkets posted the biggest gains with a rise of 2.67% to 269.25p, closely followed by Wolseley which added 2.14% to £12.90, while AstraZeneca has climb...
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