UK stocks are trading down this morning led by drug producer GlaxoSmithKline, which has led the FTSE to a drop of about 14 points to 4,620.
GSK is down 12p to 1,143p. Aviva is down 4p to 557p. BHP Billiton has lost 10p to 563p as mining stock continue to suffer the fallout of falling forward contract delivery prices on commodities such as iron, copper and coal on fears demand from China may cool. BP isup 4p to 542p. Barclays has also added 4p to 563p. In Asia, The Nikkei 225 benchmark has trading down for the third time this week as metal prices plummeted for the second day on concerns over Chinese demand. The Index has lost 161.7 points to 11,034.29. JFE, Japan's second-largest steelmaker, lost about 4.7%to 2,9...
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