The FTSE still managed to finish just above 6,600 despite a troubled day of trading as companies reacted to the news of a slump in Chinese stocks.
The top winners during the day were Imperial Tobacco, Land Securities and British Land. Meanwhile, support services giant Capita rose after it signed a £580m deal to become a strategic outsourcing partner of Resolution.
The main losers were Resolution, British Airways and Daily Mail and General trust. Prudential fell after ING cut its shares from hold to sell. However, GlaxoSmithKline and Standard Life recovered from early falls.
Losses on Wall Street were also not as heavy as expected as trading opened following news from Asia of a 6.5% slide in Shanghai overnight as the government tripled the stock trading tax.
The Dow Jones is down 33 points at 13,488 while the S&P 500 fell 3 to 1,514. IBM has a bad start to trading as further job cuts of 1,570 sent its shares lower. However, computer technology firm CDW started strongly after confirming it will be bought by a private equity firm for $7.3bn.
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Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till