UK investors still appear nervous about the prospect of further rate rises this morning and the activity of sterling - yesterday hitting $2 to the pound - as the FTSE 100 is continuing its losses.
The FTSE 100 index is currently down 23.3 points or 0.36% to 6,474.5, led in the main again by mining stocks and Home Retail Group. As the owner of several high street offerings, Home Retail Group has continued to suffer major losses, this morning dropping another 12p or 2.72% to 429.5p along with its rival Kingfisher Group, down 6.25p or 2.35% to 259.5p. Property firm Hammerson also continues to fall a further 29p or 1.79% to £15.92 and rival Slough Estates is off 15p.5p or 2% to 749.5p while the value of BAE Systems is down 9.25p or 1.99% to 455.75p Mining stocks are taking a knock ...
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