The benchmark FTSE 100 index was down around 12.6 points to 4,378 within the first hour of trading this morning after UK stocks fell for the fourth day in five paced by Scottish Power and Amvescap.
Scottish Power fell 5.75p to 357p and Amvescap lost 4p to 411p - the money manager’s first decline in three days.
ARC International dropped 1p to 18p after the company, which designs semiconductors, reported that fourth-quarter net loss more than doubled to £9.1m, from £4.3m in the year-earlier period.
Easyscreen shed 2.25p to 29.75p after the software maker’s chairman Philip Docker sold 425,000 shares.
LA Fitness jumped 6p to 188.5p after the health club said membership rose by more than 15% in the past six months as January subscriptions climbed.
In Asia, Tokyo's Nikkei 225 index fell 194.67 points to 10,447.25 earlier today, while Hong Kong's Hang Seng dropped 3.28 points to 13,086.73.
Across the Atlantic, trading ended up yesterday as the Dow Jones Industrial Average index gained 6.00 points to 10,505.18 by the close.
The S&P 500 index ended up 0.77 points to 1,136.03, and Nasdaq's Composite index also ended up 3.06 points to 2,066.21.IFAonline
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