The FTSE 100 index has ended the day down 13.8 points, or 0.21%, to 6,419.5, as there are now fears China may reduce demand for commodities and affect the revenue potential of mining firms.
Scottish & Newcastle is the biggest loser with a fall of 1.99% to 567.5p, closely followed by Johnson Matthey which slipped 1.95% to £16.07, while BG Group has fallen 1.46% to 710.5p. Miner Vedanta Resources fell 1.38% to £12.86, while publisher Reed Elsevier also dropped 1.32% to 636p, although losses were limited by Rolls-Royce Group which climbed 1.89% to 525.25p. Kingfisher posted the highest gains with a rise of 3.49% to 259.75p, while retailer Next added 1.8% to £20.93, Experian climbed 1.66% to 612p, and Amvescap advanced 1.53% to 632p. In the US, the Dow Jones is 13.22 points, or...
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