News of a cut in interest rates has failed to prevent the FTSE 100 from dropping this afternoon, the index slipping 18 points, or 0.28%, to 6,475.8.
The London Stock Exchange Group leads the day’s winners, climbing 67p, or 3.72%, to £18.70.
It is followed by Smith & Nephew, up 20.5p, or 3.6%, to 589.5p, and Friends Provident, up 5.5p to 163p.
However, these gains were stemmed by significant losses for Persimmon, down 43.5p, or 5.46%, to 752.5, Kingfisher, down 6.6p to 151.7p, and Barratt Developments, down 19.25p, or 4.12%, to 448.5p.
The Dow Jones rose 0.36%, or 48.37 points, to 13493.33c as American International Group rose after its chief executive officer said the company can keep its devalued holdings until the market recovers.
The insurer rose 3.75%, or 2.18 points, to 60.33c.
Boeing rose 1.38%, or 91.95 points, to 91.95c following reports it will lease planes to two Chinese carriers and a Japanese airline.
Verizon Communications fell 1.12%, or 0.5 points, to 44.02c and Wal Mart Stores fell 0.74%, or 0.36 points, to 48.54c despite reporting a 1.5% increase in November sales at its US stores open for at least a year.
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According to Cicero report
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