Just 10 stocks made gains by the close as the FTSE 100 shed 39.30 points to 4,287 as many of the biggest stocks dragged the index lower.
Although not the biggest losers in terms of percentage share price lost, Vodafone, GlaxoSmithKline, HSBC, and AstraZenica hurt the index the most in terms of points shaved from the collective value of the 100 biggest UK-listed firms. Abbey led the losers in share price terms, dropping 23p to 557p on details of the bid its board accepted from Spainish suitor Banco Santander Central Hispano. British Airways fell 5.75p to 229p as oil prices wobbled over new assassinations of political leaders in Iraq and the company continued to face a potential ballot over industrial action by staff in ...
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
