FTSE drops with Chinese demand

clock

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,...

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

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

OBR independence 'a major advantage' for UK economy

OBR independence 'a major advantage' for UK economy

Treasury Committee hearing

Alex Sebastian
clock 20 May 2026 • 4 min read
Bank of England warns of future rate uncertainty after vote to hold at 3.75%

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock 30 April 2026 • 2 min read
Navigating an uncertain environment: Applying a disciplined, data-driven approach

Navigating an uncertain environment: Applying a disciplined, data-driven approach

'​Looking ahead, the fundamental case remains constructive'

Fahad Hassan
clock 28 April 2026 • 2 min read