The FTSE 100 index turned a winning morning into a losing afternoon closing down 2.20 points at 4,470.60 after stock markets in the US opened down on more fighting in Iraq.
Nokia continued to weigh on Continental stock exchange prices, while DaimlerChrysler contributed to the pessimism by reporting profits have been hit by lossses at its Mitsubishi subsidiary. Here Dixons dropped most, down 5.75p to 147.5p after investors fretted about tomorrow’s Bank of England decision on interest rates, which could reduce debt-fuelled consumption. Aviva led insurers down with a drop of 16p to 549p. British Airways fell 7.25p to 291p after competitor EasyJet reported a 17% rise in passenger numbers during March. Tesco dropped 3.5p to 246.5p despite chief executiv...
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