London falls to profit taking

Professional Adviser
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The FTSE 100 index is down 21 points to 3,726 this morning after investors started taking profits fr...

The FTSE 100 index is down 21 points to 3,726 this morning after investors started taking profits from the massive gains of the past four trading days. The story in New York overnight was one of increasing share prices – investors there clearly feel share prices are still at reasonable values given the pending invasion of Iraq in the next 24 hours. Share price falls here are hitting companies across all sectors. Prudential was a big loser, dropping 14p to 346.5p after paying out a dividend. Abbey National fell 14.5p to 358p after its shares went ex-dividend. ...

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