The FTSE 100 Index has again declined at its close today, losing a further 27.30 points to 5019.50 points, led by energy and water firms.
Utilities firm, Scottish and Southern Energy declined 30p or 3% to 971p, while Severn Trent slipped 30p to 1028p, after being hit by sector weakness. Analysts say the cutting of Kelda stock is also having a negative impact on the sector, Kelda being the UK’s third largest publicly traded firm. United Utilities also fell 17.50p to 649.50p, while United Utilities A shares shed 10p to 324p. On the winning side of the board, Cable & Wireless advanced 6p to 148p, along with Legal & General Group, adding 2p to 110.75p. Marks & Spencer Group lifted its shares 5p to 351.75p, after the Guard...
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