An ailing dollar meant the FTSE 100 Index was unable to hold onto gains today, closing down 25.10 points lower at 4,722.80 by the close.
BAE Systems led the route shedding 4.5% or 11.75p to 245.50p on news that profit from its largest contract will decline in 2005. Anglo American shed 41p to 1194p. Roll Royce lost 7p to 257.75p. Smiths led the gainers with a rise of 18.50p to 785p on confirmation it will purchase US based medical device company Medex for £476m in cash. Land Securities picked up 17p to 1305p, while MM02 increased 1.25p to 120.25p. In the US, the Dow Jones Industrial Average index continues to fall, currently down about 52 points to 10,540 in early trading. Aluminium company Alcoa leads the drop, ...
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