Share dealings sent the FTSE down 50.60 5,964.60 points to by the close, led by ITV, which saw its price drop 5.75p to 119.25p after venture capital groups Apax and Blackstone abandoned their attempts to buy the television company.
Cairn Energy led the mining and energy stocks lower with a 58p slip to 2,117p. Rio Tinto dropped 59p to 2,922p, while BHP Billiton lost 18.5p to 1,053p. Aviva led the insurance sector down by losing 15.5p to 798.5p. Kazakhmys was a lone star in the mining sector, gaining 36p to 1,078p after the Kazakhstan government announced further IPO targets for its energy and mining sector companies that are currently state owned. Man Group jumped 61p to 2,465p after announcing a bigger than expected increase in sales and profits over the past year. Shares are up marginally in New York t...
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