The FTSE 100 index is down about 14 points to 4,540 today, following European markets down as investors get used to the new index constituents added yesterday.
Hays leads the losers, falling 10.25p to 130p after reporting a 30% drop in first-half profit linked to asset sales as part of its transformation away from being a broad-based services firm. Antofagasta, the copper mining company, is down 33.5p to 1,138.5p, one day after joining the index. The company this morning reported a doubling of second-half profit after production costs fell and the price of copper rose. Aviva is down 11p to 576.75p. Xstrata fell 12p to 728p on news it has acquired a competing South African-based chrome business. LloydsTSB is up 5p to 447p as investors r...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
