The FTSE 100 index has lost 20 points or 0.3% to hold just above the psychological barrier at 6004.3 points this morning, led by mining companies including BHP Billiton and Rio Tinto.
BHP Billiton has fallen 0.8% to £11.10 and Rio Tinto has dropped 1.3% to £30.13, having advanced to records yesterday, as metals traded near their highest prices. Tate & Lyle has also fallen 2.2% to 563p. In Japan, the Nikkei 225 Stock Average index fell 40.4 points or 0.2% to 17,292.91 points by the 3pm cloe of business in Tokyo after a US report showed slower manufacturing growth and higher prices, heightening concern local shares have risen too far too fast. Toyota lost 40 yen, or 0.6%, to 6,470 and Honda Motor fell 50 yen, or 0.7%, to 7,340. Mitsubishi UFJ Financial Group fe...
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
