Airlines were among biggest fallers, led lower by easyJet .
|
|
Mining stocks were the top sectoral fallers, down 0.7 percent.
|
|
MI) were among the top fallers after Banca Carige (CRGI.
|
|
HSBC , Societe Generale and BNP Paribas were the biggest fallers.
|
|
Banks were down 3.4 percent, among the top sectoral fallers.
|
|
Pharmaceuticals and tobacco stocks were among the top sector fallers.
|
|
Its shares fell 4.8 percent, leading fallers on the STOXX.
|
|
Silicon wafer maker Siltronic also features among top European fallers.
|
|
Software AG was among the leading fallers, down 4.2 percent.
|
|
Chipmaker Ams was among the biggest fallers, down 2.4 percent.
|
|
Emirates NBD bank was among the biggest fallers, dropping 24.2%.
|
|
The technology index fell 1.13%, and was among the biggest fallers.
|
|
The technology index fell 0.4%, and was among the biggest fallers.
|
|
Deutsche Bank, Bankia, and UBI Banca were among the top fallers.
|
|
It is also not to say that big fallers never recover.
|
|
InterContinental Hotels Group was also among the top fallers, following its results.
|
|
Stocks linked to the British housebuilding industry were the biggest STOXX fallers.
|
|
Miners were top fallers, tracking the pan-European basic resources index lower.
|
|
Tullow Oil and Premier Oil were among the biggest mid-cap fallers.
|
|
Commodity stocks in the mining and oil sectors were the biggest fallers.
|
|
Among fallers, Wood Group lost 10.2 percent to its lowest since May.
|
|
Oil companies were the top sectoral fallers, tracking global crude prices lower.
|
|
Mid caps, however, slipped 0.1 percent with Inmarsat among the biggest fallers.
|
|
The South African rand led the fallers, down 1.2 percent against the dollar.
|
|
Out in the woods, tree fallers like Tex Ward were proud and prosperous.
|
|
Banking stocks were the top sectoral fallers with a drop of 1 percent.
|
|
Shares in industrial group Smiths fell 4.9 percent, the top FTSE 100 fallers.
|
|
Lundin Petroleum and Tullow Oil were among the top fallers in the sector.
|
|
Shares in industrial group Smiths fell 7.4 percent, the top FTSE 100 fallers.
|
|
The stars of the past months' rally were the worst fallers on Tuesday.
|
|
PA were also among the biggest fallers, both down more than 2 percent.
|
|
British Airways owner International Consolidated Air was also among top fallers, along with Easyjet.
|
|
Rio Tinto, BHP Billiton, Anglo American were top fallers, down 1.7 to 2.2 percent.
|
|
Car manufacturers BMW , Daimler, and Volkswagen were among the biggest fallers on the DAX.
|
|
Among top STOXX fallers were shares in Renault and Essilior, which also reported results.
|
|
SXAP were the biggest sectoral fallers, down 2.4 percent as shares in Schaeffler SHA_.
|
|
Growth-sensitive sectors such as autos, financials and oil were among the biggest fallers.
|
|
Commodity-related sectors such as oil & gas and basic resources were among the biggest fallers.
|
|
Among the fallers, Heineken dropped 2.7 percent after reporting first half revenue below Reuters' estimates.
|
|
Banks fell 0.5 percent, among the biggest fallers as investors shed the most risky assets.
|
|
Banks and construction sector stocks were the biggest sectoral fallers, both down around 2 percent.
|
|
Peers Azimut and Banco BPM were among top European fallers, down 3.2 to 3.7 percent.
|
|
South Africa's rand was one of the biggest fallers, weakening 21312 percent against the dollar.
|
|
Finnish utility Fortum and Swedish engineering company Skanska were top fallers after going ex-dividend.
|
|
Miners were the biggest sectoral fallers, down 1 percent as copper hit a 1-month low.
|
|
Ex-dividend trading further blemished the main index with Morrisons, Bunzl and DCC among major fallers.
|
|
Exxon was one of the biggest fallers on the Dow Monday, as energy stocks performed poorly.
|
|
Shares in Ferrexpo and Kaz Minerals were the biggest fallers, both tumbling more than 15 percent.
|
|
Tech stocks were also notable fallers, dropping 1.2 percent to their lowest level since early May.
|
|
SSE was among the biggest FTSE fallers, sliding 3.1 percent as the stock traded ex-dividend.
|
|
Oil stocks were also among the biggest fallers, down 1.41 percent, as crude prices fell sharply.
|
|
On the currency side, the Turkish lira was one of the biggest fallers, weakening 0.03.47 percent.
|
|
The Anglo-Dutch group's shares were last down 7.4 percent and were the day's biggest fallers.
|
|
Among the top fallers, supermarket Morrison fell 2 percent after announcing a round of price cuts.
|
|
The South African rand led the fallers, down 2121.96 percent, while the Chinese yuan fell 2121.95 percent.
|
|
Gold miners Randgold Resources and Fresnillo were the biggest FTSE fallers as the price of gold slipped.
|
|
Among fallers, Getinge dropped 3.4 percent after the firing of CEO Alex Myers after just 17 months.
|
|
In the auto sector, the top fallers were BMW and Daimler, down 1.8 and 1.1 percent respectively.
|
|
Miners Anglo American and Fresnillo were among top fallers, despite a solid results update from the former.
|
|
Amongst the biggest fallers were Chinese mainland stocks , down 0.5 percent, and Taiwan shares, down 0.75 percent.
|
|
Swedbank was among the biggest fallers as the embattled lender faces a probe into alleged money laundering.
|
|
PA) were among the biggest fallers in Paris, down between 1.53 and 21.5 percent, while Moncler (MONC.
|
|
Philippines stocks were amongst the biggest fallers in Asia, losing almost one percent as investors banked profits.
|
|
Its shares later pared some losses to trade down 16 percent, leading the fallers on the FTSE.
|
|
Assets that generally do well in time of market or geopolitical turbulence were among fallers on Tuesday.
|
|
Among the fallers, Absa Group dropped 10.8% to 71.99 rand and FirstRand weakened 10.6% to 38.64 rand.
|
|
Rio Tinto, Glencore, Antofagasta and BHP Billiton were among the biggest fallers, down 1.3 to 1.4 percent.
|
|
However, Rabigh Refining and Petrochemical Company shares dropped 8.6%, making them the biggest fallers on the index.
|
|
The two major exporters were the biggest fallers on the Paris CAC 40 , which was down 0.7%.
|
|
On the currencies side other big fallers included India's rupee and Russia's rouble, which both slipped 0.8 percent.
|
|
Rentokil was also among big fallers, sliding 3 percent after U.S. peer Rollins' results missed Wall Street expectations.
|
|
The stock led mid-cap fallers and was set for its biggest one-day fall since March 2017.
|
|
This flattening of the yield curve hurt bank stocks, which were among the biggest fallers on European markets.
|
|
Barrat Developments and Taylor Wimpey were both down around 1 percent, among the top fallers on the FTSE.
|
|
Other big fallers included South Korea, down 210 percent after factory activity contracted for a sixth successive month.
|
|
Among other fallers, Intu Properties was down 1.7 percent after HSBC cut its target price on the stock.
|
|
Lloyds, which traded ex-div, was among the biggest fallers, down 2.2 percent, while Barclays fell 1 percent.
|
|
Among the fallers, Recordati fell 0.9 percent after Goldman Sachs cut its rating on the stock to "sell".
|
|
Among blue-chip fallers was Johnson Matthey which shed 4.3% after the chemicals group's annual profit missed consensus estimates.
|
|
Among fallers, advertiser WPP dropped 2.8 percent after a report that the U.S. Justice Department was investigating the industry.
|
|
Banks were the biggest fallers, led by a 5% slide for CYBG, while chemicals stocks were the best performers.
|
|
Defensive stocks, which are deemed to be a safe bet at times of uncertainty, were among the big fallers.
|
|
Food retailers were also among top fallers, with Tesco down 3.2 percent and closely followed by Sainsbury and Morrisons.
|
|
Also among the fallers was energy supplier Centrica, down 4.9 percent following a downgrade to "sell" by Societe Generale.
|
|
SX8P, among the worst hit by sell-offs in past weeks, were the biggest sectoral fallers, down 20193 percent.
|
|
Among the fallers, Lufthansa posted the worst performance after reporting an 11 percent decline in fourth-quarter operating profits.
|
|
Among the fallers, Worldpay Group dropped 3.5 percent after its largest shareholder cut its stake in the payments company.
|
|
Among the top fallers, Pearson was down 5 percent as it traded without entitlement to its latest dividend payout.
|
|
Associated British Foods was among the biggest fallers, down 2.6 percent, taking declines this week to nearly 13 percent.
|
|
Also among the top fallers was easyJet, down 2.1 percent after HSBC cut its target price on the stock.
|
|
Mining companies Fresnillo, Antofagasta and Randgold Resources were the biggest fallers, down by between 2.3 percent and 3 percent.
|
|
Miners were the top fallers among mid-caps too, with Vedanta Resources and Acacia Mining down 5.4 and 5.3 percent.
|
|
Among fallers, British retailer Marks & Spencer slumped after it said its turnaround plan would hit profits in the short term.
|
|
As a result, shares of TUI and easyJet shed more than 2.5% to be among the biggest blue-chip fallers.
|
|
Housebuilders Barratt Development, Persimmon , Taylor Wimpey, Berkely Group all fell 4.9 to 6.7 percent, among the worst FTSE 100 fallers.
|
|
British American Tobacco and Imperial Brands were among the worst fallers, while United Utilities, SSE and National Grid also weakened.
|
|
Among other fallers, Brenntag dropped 5.1 percent after the chemicals firm was cut to "hold" from "buy" by Deutsche Bank.
|
|
Asset managers Standard Life Aberdeen and Schroders , and retail investment platform Hargreaves Lansdown dropped 4.4-5.1 percent, among top fallers.
|
|
Travel and leisure companies were the top fallers, with Merlin Entertainments, TUI and Intercontinental Hotel Group down 4.9-7.2 percent.
|
|
At 0850 GMT, shares in Ashmore were down 5.8 percent at 344p, leading fallers on the mid-cap index .FTMC.
|
|
The banking sector led the fallers down 9.89% (Reporting by Olivia Kumwenda-Mtambo and Tanisha Heiberg; Editing by Andrew Cawthorne)
|
|
Travel and leisure companies were the top fallers, with Merlin Entertainments, TUI and Intercontinental Hotel Group down 4-6.5 percent.
|
|
NMC Health, the United Arab Emirates-based healthcare provider, led fallers, down 3.1 percent after joining the FTSE 100 on Monday.
|
|
Elsewhere it was a heavy day for stocks trading ex-dividend, with Evraz, Legal & General and Lloyds among the biggest fallers.
|
|
Shares in Just were trading down 7.1 percent at 0749 GMT, among the top fallers on the FTSE mid-cap index.
|
|
Budget rival easyJet and British Airways-owner International Consolidated Airlines were the biggest blue-chip fallers as markets shunned airline stocks.
|
|
Among fallers, British retailer Marks & Spencer slumped after it said its turnaround plan would cut into profits in the short term.
|
|
The STOXX Europe 600 Basic Resources index was down 6 percent, with Rio Tinto, Glencore and Antofagasta also among top fallers.
|
|
European shares reversed early gains, falling into negative territory in a broadbased rout, with autos and banking stocks leading the fallers.
|
|
The continent's benchmark Stoxx 600 index was flat, with interest rate-sensitive consumer staples and utilities stocks among the heaviest fallers.
|
|
MTU's shares were down 3.4 percent at 136.60 euros, among the top fallers on the MDAX index for German mid-caps.
|
|
Construction and materials stocks were the biggest fallers, led by HeidelbergCement which reported its first-quarter operating profit slipped 3 percent.
|
|
Among the fallers was H&M, which fell more than 4 percent, close to 4-years lows, following a strong open.
|
|
The STOXX Europe 600 Basic Resources index was down 2.9 percent, with Rio Tinto, Glencore and Antofagasta also among top fallers.
|
|
The lender's plunge weighed on sentiment for banks, which were among the top fallers on France's CAC 274.3 and Germany's DAX.
|
|
Basic resources and autos were the biggest fallers Tuesday, amid continued concerns of a trade war between the U.S. and China.
|
|
Metro shares fell 3.7 percent to 29.48 euros by 13 GMT, among the biggest fallers on the German mid-cap index.
|
|
SXEP were the biggest sectoral fallers due to a pullback in oil and copper prices, the biggest individual faller was Altice (ATCA.AS).
|
|
Among fallers, troubled British outsourcer Capita slumped 9 percent after first-half revenue slipped and the hunt for a new CEO continued.
|
|
Utilities were the biggest fallers as fears of rising bond yields took their toll on the high-yielding parts of the market.
|
|
Among the top fallers, however, was Deutsche Bank which slumped more than 4 percent after revenues fell sharply in the second quarter.
|
|
Carmakers Daimler, BMW and Volkswagen fell 0.6 to 0.8 percent, while Valeo, Renault, Michelin and Peugeot were the biggest CAC 40 fallers.
|
|
Among the big fallers, aerospace and defence firm Cobham fell 18 percent after it issued its second profit warning in six months.
|
|
A series of earnings updates also grabbed the focus with Reckitt Benckiser and Sodexo leading fallers after both companies cut their guidance.
|
|
Shares in Dialog Semiconductor, which provides power management systems for Apple, fell 3 percent, among the top European fallers on the day.
|
|
Relx, down 2.6 percent, was among the biggest blue chip fallers, following a downgrade to "equal-weight" from "overweight" from Morgan Stanley.
|
|
Defensive stocks, which are deemed to be a safe bet at times of uncertainties, were among the big fallers in early deals.
|
|
Still, autos and suppliers, which rely on Chinese demand, were under pressure, with Continental and Daimler among the biggest fallers in Frankfurt.
|
|
Saga shares tumbled 24.5 percent to 136.8 pence by 1157 GMT, making them the biggest fallers in the FTSE Midcap Index .FTMC.
|
|
Among the big fallers, aerospace and defence firm Cobham fell 13 percent after it issued its second profit warning in six months.
|
|
Traditionally defensive, dividend-paying sectors such as personal and household goods, health care and food and beverages were among the biggest fallers.
|
|
Among euro zone banks, the top two fallers were Austria's Raiffeisen Bank and Germany's Commerzbank, down 1.1 percent and 0.8 percent respectively.
|
|
The top fallers on the index were property stocks, viewed as one of the domestic sectors most exposed to a possible Brexit.
|
|
Among big fallers on the main index were high street retailers Next and Marks & Spencer, down 8.3 percent and 4.4 percent respectively.
|
|
The two biggest fallers on the IBEX index were Catalonia-based Banco de Sabadell and Caixabank , down 21 and 2270 percent respectively.
|
|
Budget airliner Ryanair and cruise company Carnival were among the biggest fallers in the sector, closing 2 and 1.2 percent down respectively.
|
|
UK housebuilders were among the top fallers, with Berkeley Group, Taylor Wimpey Barratt Developments and Persimmon down between 3.3 percent to 7.5 percent.
|
|
Europe's oil and gas stocks were the biggest fallers Tuesday, down 2.47 percent as crude prices came under further strain from oversupply concerns.
|
|
Rio Tinto, BHP Billiton and Ashtead were among top fallers, down 2.6 to 3.5 percent, as lower copper prices dragged on the miners.
|
|
The biggest fallers among banks were Raiffeisen Bank , Royal Bank of Scotland and Bank of Ireland which all lost more than 2 percent.
|
|
Miners Anglo American and Antofagasta were among biggest fallers as metals prices faltered, with traders awaiting clues on the direction of the dollar.
|
|
Among the biggest fallers on the blue-chip index, Sappi fell 4.55% to 55.56 rand and Aspen Pharmacare fell 3.32% to 101.00 rand.
|
|
Some of the biggest fallers - Vodafone, Imperial Brands, DCC, National Grid and Evraz - went ex-dividend, taking around 9.8 points off the index.
|
|
Shares in Brewin were down 2.8 percent at 0704 GMT at 312 pence, among the biggest fallers on the FTSE mid-cap index.
|
|
Shares in the company were down 1.9 percent at 1689 pence at 1129 GMT, making it one of London's biggest blue-chip fallers.
|
|
Nokia was among the biggest STOXX fallers, tumbling nearly 9 percent after reporting weak profits, while Kion was down 7.7 percent after results.
|
|
The major fallers on the index were miners, with Anglo American, Glencore, Antofagasta, Rio Tinto and BHP Billiton down 3.2 to 6.7 percent.
|
|
The FTSE 100 index was down 0.4 percent by 1511 GMT, with miners, the top gainers in early deals, among the biggest fallers.
|
|
Among the biggest fallers, insurer Ageas, medical equipment firm Gerresheimer and paints and coatings company Akzo Nobel were all weaker after reporting results.
|
|
Among the biggest fallers on the blue-chip index was bourse heavyweight and tech giant Naspers Ltd which slipped 0.28% to 2,090 rand.
|
|
U.K. mid-cap Ladbrokes Coral was among a handful of fallers on Monday after Credit Suisse downgraded the stock to "underperform" from "neutral".
|
|
Shares in Meggitt fell 218.5% to 219 pence at 20217 GMT, making the company one of the biggest fallers on Britain's bluechip index.
|
|
Shares in the firm were down 5.1 percent at 0751 GMT, among the top fallers on in the blue-chip FTSE 100 index .
|
|
Among fallers, Ashtead fell again to take losses this week to nearly 10 percent as brokers continued to knock the construction equipment rental firm.
|
|
Top fallers on the FTSE were utilities Centrica and SSE, both down around 3 percent, weighed down by political uncertainty ahead of Tuesday's vote.
|
|
The shares later pared some losses to trade down 14 percent for its worst day in two decades, leading the fallers on the FTSE.
|
|
British Airways-owner IAG and Coca-Cola HBC were the top fallers on the pan-European benchmark index as their shares traded ex-dividend.
|
|
Provident Financial was among the biggest fallers, down 1.3 percent after the subprime lender said that its Executive Chairman Manjit Wolstenholme died on Thursday.
|
|
Ashmore shares were down 6.3 percent at 387.4 pence at 0912 GMT, putting them among the biggest fallers on the FTSE mid-cap index.
|
|
European auto stocks were among the biggest sectoral fallers, down 0.9 percent and led lower by a 2 percent drop in Fiat Chrysler's shares.
|
|
The leaves aren't the only thing falling this time of year ... These famous free fallers are getting into the spirit of the fall season!
|
|
Fresnillo was the worst-performing of just a handful of fallers, down 1.6 percent despite reporting a doubling of profit for the first half.
|
|
Shares in British American Tobacco were the biggest fallers, down 4.5 percent after the cigarette maker reported weaker-than-expected sales growth for 2017.
|
|
Among the biggest fallers, travel firm TUI was down 5.8 percent, giving up all of its gains from the previous session when it reported results.
|
|
Second-quarter results, however, put pressure on shares in staffing firm Adecco, chemicals company Lanxess and consumer group Henkel, which were among the biggest fallers.
|
|
Banks were among the heaviest fallers led by Standard Chartered, which fell 7.5 percent after several brokerages cut their target prices following a recent rally.
|
|
The biggest fallers among the banks were Bank of Ireland and Italy's Banco BPM and BPER Banca , which were between 1003 and 3.3 percent lower.
|
|
The planet is turned into a battleground between humans and Fallers, and when baby appears on a captured spacecraft, the tide could turn for humanity.
|
|
Italy provided many of the sector's top fallers, with Banco Monte Paschi down 14.8 percent, and Banco Popolare , UniCredit and Mediobanca down 6.7-4.8 percent.
|
|
Drugmakers were heavy fallers, too, with AstraZeneca and Shire both down more than 3 percent, making the healthcare sector the biggest drag on the FTSE.
|
|
Gold producers Randgold Resources and Fresnillo were the top FTSE fallers as gold fell below the key $1,200 level ahead of the U.S. jobs data.
|
|
Miners were the top fallers on Wednesday, with the STOXX 600 Basic Resources index down 2.4 percent, as Chinese iron ore and steel futures slipped.
|
|
Lufthansa shares, which have gained 37 percent so far this year, were down 4.2 percent at 1127 GMT, among the biggest fallers on the Dax.
|
|
Shares in pizza delivery firm Domino's Pizza were among the biggest fallers, down 3.6 percent near a two-year low after a downgrade from Berenberg.
|
|
Saudi Arabia's index fell 0.6 percent, erasing all of the gains made earlier in the week, with fallers outnumbering rising stocks by 135 to 22.
|
|
Zalando's shares were down 4 percent at 0836 GMT, putting them among the biggest fallers in the European retail index , which was down 0.9 percent.
|
|
Miners were the standout fallers in London after growth in China's manufacturing sector in February cooled to the weakest in more than 1-93/2 years.
|
|
Drugmakers were heavy fallers, too, with AstraZeneca and Shire down 2 percent and 1.3 percent respectively, making the healthcare sector the biggest drag on the FTSE.
|
|
Banking and mining, which had seen the greatest gains from the 'Trump trade' as investors bet on reflation and infrastructure spending, were the biggest sector fallers.
|
|
Retailer B&M was among top fallers, down 3.3 percent after private equity firms CD&R and SSA sold a 12.5 percent stake in the firm.
|
|
Among top fallers, the British mining index fell 0.7 percent, pressured by Anglo American, Antofagasta and BHP Billiton, all down between 1.1 percent and 3.7 percent.
|
|
Royal Bank of Scotland, Standard Chartered and Barclays were down between 2.2 percent and 13 percent, making them the top three fallers on the FTSE 100.
|
|
SXPP were among the biggest sectoral fallers, down 0.2 percent, as sabre-rattling over the Korean peninsula and a rating downgrade on China hit metal prices.
|
|
Supermarket chains Tesco, Morrisons, Marks & Spencer and Sainsbury's were among top fallers, down by 0.9-1.7 percent and tracking a broader slide in European retail stocks.
|
|
On the day, almost every European sector was in negative territory, with shares in cyclical sectors such as industrials, financials and commodities stocks the biggest fallers.
|
|
Autos and suppliers, which rely on Chinese demand, were the biggest losers in early deals, with Continental , Volkswagen and Daimler among the biggest fallers in Frankfurt.
|
|
Among the few fallers in early trading, Recordati was the worst-performing, down 2.4 percent after Goldman Sachs cut its rating on the stock to "sell".
|
|
Among individual movers, shares in Hargreaves Lansdown were among the biggest fallers, down 3.8 percent after Britain's markets watchdog proposed measure in the funds platform sector.
|
|
The chill in Asia carried over to European markets, where shares of luxury goods makers - which have large exposure to China - were among the biggest fallers.
|
|
The profit-taking spread to Europe, where bank stocks were among the biggest fallers following two weeks of strong gains on the back of rising bond yields.
|
|
Among the fallers, Old Mutual's decision to split itself into four units and to move to a more conservative dividend policy sent the shares down 1.8 percent.
|
|
Shares in Danish pharmaceuticals company Novozymes fell 4.3 percent, the biggest STOXX fallers, after the CFO said Middle East markets were likely to remain weak in 2019.
|
|
British insurer Legal & General was also among the top fallers on the FTSE 100, dropping 5.5 percent on a weaker solvency ratio despite reporting broadly strong results.
|
|
British mid caps were also 0.7 percent lower, with Hikma among the biggest fallers, extending losses into a second day after trimming its sales forecasts on Thursday.
|
|
Among big fallers on the main index were high street retailers Next and Marks & Spencer, which fell 4.6 percent each and Kingfisher, which was down 4.2 percent.
|
|
British insurer Legal & General was also among the top fallers on the FTSE 100, dropping 6.4 percent on a weaker solvency ratio despite reporting broadly strong results.
|
|
Miner Glencore fell 1.5 percent as basic resources stocks led sectoral fallers, while Shell rose and utility Iberdrola, Barclays bank and builder Vinci were down just slightly.
|
|
Among fallers, Compass Group was down 1.7 percent after the catering group said its finance chief was leaving, the second senior executive change at Compass this year.
|
|
British insurer Legal & General was also among the top fallers on the FTSE 100, dropping 6 percent on a weaker solvency ratio despite reporting broadly strong results.
|
|
InterContinental Hotels Group was also among the top fallers, dropping 2.3 percent after investment bank JP Morgan cut its rating on the stock to "underweight" from "neutral".
|
|
InterContinental Hotels Group was also among the top fallers, dropping 1.9 percent after investment bank JP Morgan cut its rating on the stock to "underweight" from "neutral".
|
|
British supermarket stocks were the biggest fallers on the blue chip index, however, with Tesco, Sainsbury and Morrison all down between 3.8 percent and 4.4 percent respectively.
|
|
Among the fallers were banks Lloyds and Standard Chartered, while equipment hire firm Ashtead dropped 1.4 percent, extending losses from the previous session after its earnings update.
|
|
Among top fallers, Brenntag fell 5 percent after reporting a 27 percent drop in first-quarter net profit due to a massive devaluation of the Venezuelan bolivar.
|
|
Stocks considered most exposed to any hit to Britain's wealth resulting from Brexit were the biggest fallers with Lloyds and Royal Bank of Scotland dropped 1.9% each.
|
|
Tip "Observe toddlers — they're the best and funniest fallers out there," says Tim Cunningham, who has performed in more than a dozen countries with Clowns Without Borders.
|
|
Among the fallers, Spar shed 1.9% to 167.93 rand, grocer Shoprite was down 1.9% at 114.13 rand and Woolworths closed with a 1.5% decline at 51.34 rand.
|
|
Diversified miner Glencore was among steepest fallers on the main board, tumbling 4% as investors were unimpressed by an update on the company's priorities and expected output.
|
|
Banking stocks were among the top fallers, led lower by Italian merger partners Banco Popolare and Banca Popolare di Milano, which both fell more than 2 percent.
|
|
Among fallers, Ashtead dropped more than 4 percent to take losses this week to nearly 10 percent as brokers continued to knock the construction equipment rental firm.
|
|
Some other notable fallers were telecoms giant BT and Unilever, while asset manager Standard Life Aberdeen tumbled 5 percent after a downgrade by Morgan Stanley to "equal-weight".
|
|
More broadly, construction and materials stocks were the biggest sectoral fallers, led lower by a drop in HeidelbergCement after reporting that first-quarter operating profit slipped 3 percent.
|
|
Shares in BT were among the biggest fallers, down 1.7 percent after the telecoms stock traded ex-dividend, while volatile Steinhoff was the top gainer, up 4 percent.
|
|
LONDON, March 7 (Reuters) - European shares extended losses on Tuesday on an earnings-heavy day as the biggest fallers Aggreko and Casino were all weighed down by results.
|
|
However among the fallers, car insurance provider Admiral Group fell over 1.7 percent after HSBC cut its rating on the stock to "hold" from "buy" on valuation grounds.
|
|
Renault shares fell 3.9 percent, the biggest STOXX 600 fallers, as Japan's Asahi newspaper reported Nissan chairman Carlos Ghosn is to be arrested for alleged financial trading violations.
|
|
Top fallers were precious metal miners Fresnillo and Randgold, which had been among the main beneficiaries of the "risk-off" sentiment that has characterised most of the week.
|
|
Mining companies were the biggest fallers, with gold miner Randgold Resources dropping more than 5 percent after its update and pulling peer Fresnillo down 3 percent as well.
|
|
The Paris-listed shares of TechnipFMC were the biggest fallers, slumping around 7.5 percent after the oil services firm said that it had overstated its first-quarter earnings.
|
|
Among sectors miners were the standout fallers in London after growth in China's manufacturing sector in February cooled to the weakest in more than 1-93/2 years.
|
|
National Grid, Vodafone, DCC, Carnival , BT, Mediclinic and Johnson Matthey were among the top fallers, down between 0.7 percent and 103 percent, after their shares traded ex-dividends.
|
|
Other big fallers including Indonesia, down 210.47 percent and Taiwan, down 21388 percent, but emerging Europe opened firmer, with Hungary stocks up 210 percent and Poland 2104 percent.
|
|
Among top fallers, the British mining index fell 0.7 percent, dragged down by Anglo American, Glencore, Antofagasta and BHP Billiton , all down between 0.4 percent and 3.6 percent.
|
|
Grocer Tesco was among the top fallers, dropping 3.7 percent after the supermarket had agreed to sell its Turkish business and Giraffe restaurant chain in the United Kingdom.
|
|
On Friday, dollar earners were the biggest fallers, with health stocks AstraZeneca and Shire, as well as Smurfit Kappa and Diageo all down between 1.3 and 2.5 percent.
|
|
National Grid, Vodafone, DCC, Carnival , BT, Mediclinic and Johnson Matthey were among the top fallers, down between 0.6 percent and 2.3 percent, after their shares traded ex-dividends.
|
|
Among big fallers on UK's blue-chip index was Takeaway group Just Eat with a near 3 percent drop after JP Morgan called European rivals Delivery Hero and Takeaway.
|
|
London-listed insurance companies Legal & General and Prudential were among the biggest fallers, while Standard Life fell 5.2 percent after it suspended trading in its UK real estate fund.
|
|
Bank stocks, which benefit from a stronger pace of rate hikes, slipped, with HSBC, ING and UBS among top fallers Earnings and merger developments continued to drive European stocks.
|
|
The STOXX Europe 20 Basic Resources Index fell 2.9 percent, topping sectoral fallers, as metal prices declined after the dollar strengthened on hawkish comments from U.S. Federal Reserve policymakers.
|
|
Among fallers, shares in Compass Group were down 1.4 percent the catering group said that its finance chief was leaving, the second key executive change at Compass this year.
|
|
Wholesaler Booker was also among top fallers, down 0.9 percent after two major Tesco shareholders opposed a $4.7 billion takeover deal by the retailer, saying it would destroy value.
|
|
Stocks considered most exposed to any hit to Britain's wealth resulting from Brexit were the biggest fallers with Lloyds and Royal Bank of Scotland dropped more than 1% each.
|
|
Among fallers, luxury goods company Burberry Group dropped 6.7 percent, reversing gains made in the previous session on bid rumours, as HSBC cut its rating to "hold" from "buy".
|
|
Mining companies were the top fallers on the blue chip index, with Anglo American, Antofagasta, BHP Billiton, Rio Tinto and Glencore all falling between 2.7 percent and 7 percent.
|
|
Housebuilding stocks were among the top fallers on the FTSE 100 index, with Berkeley Group, Barratt Developments , Taylor Wimpey and Persimmon all down between 1.3 percent and 2 percent.
|
|
Oil & gas companies were the top sectoral fallers after a deal to freeze oil output by OPEC and non-OPEC producers broke down on Sunday, sending oil prices tumbling.
|
|
Among the top fallers was Pandora, down 5.5 percent with traders citing a downgrade to sell from Carnegie which cited worries over a slow down of its growth in China.
|
|
Miners were the biggest sectoral fallers, down 20.1 percent as copper hit a one-month low but that comes after a near 2117.65-percent surge for the stocks in 210.
|
|
On the midcap index, Indivior topped the fallers, down 11.4 percent, as investors moved out of the drugmaker ahead of its demotion to the small-cap index later this month.
|
|
Drugmaker GlaxoSmithKline suffered the worst of the handful of fallers, down 1.4 percent after Citigroup cut its rating on the stock to 'neutral' from 'buy, citing slowing HIV market growth.
|
|
Currencies were mainly weaker, with Turkey's lira among the biggest fallers, down 2118.64 percent, a day after the central bank sharply raised its inflation forecast for this year and next.
|
|
Shares in Merlin, the world's second-biggest visitor attractions group behind Walt Disney, fell by as much as 4.1 percent to lead fallers on the blue chip FTSE 100 index.
|
|
British satellite telecoms company Inmarsat was also under pressure, down 4.6 percent and among the biggest STOXX fallers after JPMorgan cut its rating on the stock to "neutral" from "overweight".
|
|
Swedish fashion retailer H&M was also among the biggest fallers, with its shares down more than 5 percent after it posted its first monthly sales drop in four years.
|
|
Italy's FTSE MIB underperformed, down 1.3 percent with banks Unicredit, Banco BPM, Intesa Sanpaolo, and UBI Banca the worst fallers, down 2.4 to 3.6 percent as government bonds sold off.
|
|
SXPP were the biggest fallers, down 1.9 percent as copper prices edged lower on worries over slowing global economic growth, hurt by an escalating trade war between Washington and Beijing.
|
|
Shares in luxury brand Burberry were the biggest fallers on the FTSE, losing more than 9 percent after reporting a 2 percent drop in retail revenue for the Christmas quarter.
|
|
SXEP were the biggest sectoral fallers, down more than 1 percent as the oil price tumbled following OPEC's decision to extend a production cut to March 2018, which disappointed investors.
|
|
Among the top fallers on the FTSE were also Mediclinic , down 4.9 percent, after South Africa's largest private hospital group reported an 11 percent drop in first-half underlying profit.
|
|
British banks were the top sectoral fallers, with Barclays down 3.1 percent, while Standard Chartered dropped 3.9 percent, the index's top faller, after Citigroup cut its target price on the stock.
|
|
Real estate investment trusts (REITs), seen as a barometer of sentiment on Brexit due to their holdings of London office space, were the biggest FTSE all-share fallers on the day.
|
|
Banks were the biggest weight among large-caps, with RBS , Barclays and Standard Chartered all among top fallers, tracking a slide in European bank stocks as political uncertainty over Catalonia weighed.
|
|
Oil stocks were among the top fallers on the FTSE, hit after Reuters reported that Norway's trillion-dollar wealth fund proposed to drop oil and gas companies from its benchmark index.
|
|
Among other laggards, HSBC was down 4 percent, while mining firms and those trading without entitlement to their latest dividend payout, which included Rio Tinto and easyJet, were the biggest fallers.
|
|
Basic resources was a big sectoral fallers, down 0.3 percent as weaker-than-expected trade data from the world's biggest consumer of metals, China, weighed on the underlying price of copper.
|
|
Banking stocks were the heaviest fallers by sector, dropping 1.6 percent and extending their losses from the previous session, with Italian lender Banco Populare and Standard Chartered among the biggest decliners.
|
|
Shares in Merlin Entertainments were the biggest fallers, sliding a further 3.3 percent as brokers cut their target prices on the stock following the firm's profit warning in the previous session.
|
|
British mining stocks were also under pressure, with Anglo American and Fresnillo among the biggest blue chip fallers, down between 2.6 percent to 2.7 percent, tracking the price of copper lower.
|
|
The S&P 1500 airlines index dropped 13% while hotel operators Hilton Worldwide Holdings, Marriott International Inc and online agency Expedia were among the top fallers on the S&P 13.
|
|
With traders battening down the hatches ahead of the monthly payrolls numbers, bank-heavy Madrid and Milan-listed stocks were marginally larger fallers, as the pan-regional banking index dipped 0.2%.
|
|
Among steepest fallers on the FTSE 100 was packaging firm Mondi, which dropped 3% after announcing the departure of its top boss Peter Oswald after nearly three years in the role.
|
|
"For the name Perris to be associated with that house of horrors is a shame," said Dan Brodsky-Chenfeld, manager at Skydive Perris, the town's namesake resort catering to free-fallers.
|
|
The three biggest fallers on the STOXX all reported results, with Aggreko tumbling 12.9 percent after the British temporary power provider reported lower revenues and gave a gloomy outlook for this year.
|
|
Midcaps saw some big fallers too, with Metro Bank tanking 27 percent a day after it disclosed that regulators were looking to investigate the circumstances around an accounting error at the lender.
|
|
Shares in Fraport rose 2.8 percent on Tuesday, making them the biggest midcap gainer, while Lufthansa extended losses, down 1.6 percent, among the biggest fallers on the Dax, after the Reuters report.
|
|
Midcaps saw some big fallers too, with Metro Bank tanking 19.3 percent a day after it disclosed that regulators were looking to investigate the circumstances around an accounting error at the lender.
|
|
Metro's shares, which have failed to meet expectations for a rerating since the split from Ceconomy, were down 0.8 percent at 13 GMT, making them the biggest fallers among European retail stocks.
|
|
The top fallers were mining companies, with Glencore , Antofagasta, Anglo American, Rio Tinto and BHP Billiton all down between 3.2 percent and 4.9 percent, tracking a dip in the price of copper.
|
|
Credit Agricole shares were down 2.3 percent at 1034 GMT, the second biggest fallers on the Paris blue-index index, and were set for the worst daily performance in nearly a month.
|
|
British miners were among the biggest large cap fallers, with Glencore, Anglo American and Antofagasta all dropping between 3.9 to 4.7 percent as the price of copper slipped for a second day.
|
|
Wholesaler Booker was also among top fallers, down 1.9 percent after two major Tesco shareholders opposed a $4.7 billion deal by the retailer to take it over, saying it would destroy value.
|
|
Shares in British online supermarket Ocado, which rallied sharply yesterday on better-than-expected profits, were down 4.2 percent, top fallers in the STOXX 600, hitting their lowest level since July 2016.
|
|
The benchmark emerging equity index lost 22 percent, with Russian and Saudi stocks leading the fallers, down around one percent as oil producers braced for more barrels to hit the market from Iran.
|
|
Among steep fallers on the midcaps was luxury carmaker Aston Martin with a 4.3 percent drop after Deutsche Bank cited Brexit-related uncertainties, global automotive market volatility and cut rating on the stock.
|
|
Among the fallers, Old Mutual's decision to split itself into four units and to move to a more conservative dividend policy was not well-received by investors, with the shares down 1.3 percent.
|
|
Provident Financial, whose profit warning sent its shares plummeting 18 percent on June 21, was among the top fallers after Liberum analysts said another profit warning for the Home Credit division was likely.
|
|
Among the top fallers were Swiss money manager GAM, which fell 13.3 percent after posting lower profits, and temporary power provider Aggreko, which fell 12.9 percent after first-half profits missed some forecasts.
|
|
The STOXX 22 fell 0.7 percent with the auto sector index leading sectoral fallers, dragged down by 16.1 percent slump in Fiat Chrysler shares, the biggest faller on the pan-European benchmark index.
|
|
The Turkish lira was another of the big fallers, weakening 0.25 percent, which Christensen said reflected concerns about its large current account deficit in an environment where the Fed looks set to tighten.
|
|
Among fallers, Swedish polymer producer Hexpol dropped 7.8 percent after broker Kepler Cheuvreux cut the stock to 'hold' from 'buy', saying that following a recent rally the company's shares now reflected expected growth.
|
|
Among the biggest fallers on the STOXX 600, Essentra slumped 27.7 percent after it warned of lower full-year profit, citing challenging market conditions for its filter products and delays in some large projects.
|
|
Shares in Royal Bank of Scotland were the biggest fallers, down 4.5 percent and on track for their biggest one-day drop in nearly one year after the bank reported its full year results.
|
|
The technology index fell 0.4%, and was among the biggest fallers, as British wafer maker IQE Plc warned it would report lower-than-expected revenue in 2019, citing the impact of the Huawei ban.
|
|
Anglo American, Rio Tinto and BHP Billiton were among top fallers as the price of copper pared back from its highs on profit-taking, while supply concerns remained at mines in Chile and Indonesia.
|
|
Just Eat fell 8 percent, leading fallers on the FTSE, after Deliveroo stepped up competition against its rival, saying it would allow restaurants to use their own riders for orders placed through its app.
|
|
Shares in Hugo Boss, which have narrowed their discount to luxury peers since Langer took over, were down 6.4 percent by 1023 GMT, making them the biggest fallers among German mid-cap stocks .MDAXI.
|
|
Shares in Italy's UBI Banca were the biggest fallers among the banking stocks, ending 2.2 percent lower after DBRS cut the trend on UBI Banca's debt ratings to negative following its acquisition of three banks.
|
|
Amongst the biggest fallers in emerging Europe were Budapest shares, which tumbled over 20.35 percent to a one-year low, Warsaw stocks, down 22018 percent to March 22 lows and Istanbul, also down 20183 percent.
|
|
Among the biggest fallers on the STOXX 600, Essentra slumped around 29 percent after it warned of lower full-year profit, citing challenging market conditions for its filter products and delays in some large projects.
|
|
German drugs packaging firm Gerresheimer was among the biggest fallers, extending losses to trade 3.6 percent lower after Deutsche Bank downgraded the stock to "hold" from "buy" on the back of a difficult market environment.
|
|
Shares in International Consolidated Airlines, which operates British Airways, and easyJet were the biggest fallers among the blue chips, both down more than 2 percent as the broader European travel & leisure sector dropped 1.4 percent.
|
|
Italian broadcaster Mediaset and Spanish subsidiary Mediaset Espana were also big fallers as concerns grew over Vivendi potentially freezing its stake at 10 percent, to comply with the demands of AgCom, Italy's telecoms competition regulator.
|
|
Precious metals miners Rangold Resources and Fresnillo were the only fallers on the blue chip index, down 2.6 and 0.8 percent respectively as investors dumped perceived safe-haven assets and the price of gold fell.
|
|
Among the fallers, British engineering firms Rotork, Spectris and Halma were all down between 1.6 percent 2.5 percent after investment bank HSBC downgraded its ratings on the stocks, citing a difficult environment of low growth.
|
|
Among the few fallers was Smith & Nephew, down 3 percent, following a report it has held talks to buy U.S. medical equipment maker NuVasive in a deal that would be worth more than $3 billion.
|
|
Pearson shares tumbled 5.2 percent, the biggest STOXX fallers, after the British education publisher said it expects one-off restructuring costs to rise to around 330 million pounds, ahead of its original 300 million pound plan.
|
|
Valve-control systems maker Rotork sank 8 percent, among the top fallers in the STOXX 600 index, after saying it expected lower full-year margins than last year because of pricing pressure and higher overhead costs.
|
|
Among the biggest fallers in Asia were Chinese mainland stocks, which lost 3.363 percent, and Hong Kong, down 0.7 percent, whilst in Europe, Russian dollar-denominated shares lost 0.7 percent and Turkish stocks slipped 0.8 percent.
|
|
Broadcaster ITV was among the top fallers, down 3 percent and extending its losses from the previous session as brokers including Deutsche Bank, Barclays, JP Morgan, Citigroup and UBS cut their price targets on the stock.
|
|
Among the biggest fallers, shares in Ocado dropped more than 6 percent with analysts citing pressure from grocer Morrison's extension of its Amazon deal to offer a new same-day grocery delivery service to Amazon Prime customers.
|
|
Rio Tinto was among the biggest fallers with a 4.6% drop, while Anglo American and BHP were also lower, as Liberum analysts downgraded the iron ore majors and flagged warning signs after rising iron ore port inventories.
|
|
Among steep fallers on the midcaps was specialist tourism and insurance firm Saga, which slipped 5.5 percent to an all-time low after UBS cut rating on stock following a profit warning from the company last week.
|
|
While the focus remained firmly on politics, shares in Vivendi were the biggest individual fallers, down 3.8 percent after its subsidiary Canal+ was left empty-handed in a crucial soccer broadcasting rights auction in France on Tuesday.
|
|
A sell-off in emerging markets hit shares of firms such as Standard Chartered and South Africa-facing paper and packing firm Mondi, which dropped 4.9 percent and 5.8 percent respectively and were among the top fallers.
|
|
Anglo American, Glencore, Rio Tinto, Fresnillo and Antofagasta were all top fallers on the blue-chip index, down 13.53 to 1.9 percent in early trade as copper prices slipped due to risk-off sentiment in broader markets.
|
|
Banks were among the biggest fallers after the Financial Times reported that the European Central Bank is concerned about the exposure of some of the euro area's biggest lenders to Turkey in light of the currency fall.
|
|
Broadcaster ITV was also among the top fallers, down 2.9 percent and extending its losses from the previous session as brokers including Deutsche Bank, Barclays, JP Morgan, Citigroup and UBS cut their price targets on the stock.
|
|
Household goods, retail and food and beverages stocks were among the biggest fallers on Thursday as data showed net unsecured consumer credit increasing by £1.7 billion ($2.21 billion) over the month, the highest amount since last November.
|
|
Berkeley, down 22.4 percent, was among the top fallers after Barclays downgraded the stock to underweight, saying its 8.73 percent year-to-date rally was at odds with the challenging conditions in the higher-end London market.
|
|
ITV, down 5 percent, topped the FTSE 100 fallers' list, retreating after gains in the previous session when hopes for a bidding war for Sky after Comcast's offer for the pay-TV group put broadcasters in the spotlight.
|
|
The five biggest fallers on the STOXX 600 all reported results, with British temporary power provider Aggreko slumping almost 11 percent after posting a 3 percent decline in full-year underlying revenue amidst a gloomy outlook for 2017.
|
|
Among the top fallers was SSE, down 2.9 percent after Britain's second-largest energy supplier lost more customers in the first quarter, while advertising giant WPP fell 3 percent after a disappointing update from its French peer Publicis.
|
|
The travel and leisure sector fell 1.5 percent, among top sectoral fallers, after the United States warned of possible summer attacks in Europe, saying that major events, tourist sites, restaurants, commercial centers and transportation could all be targeted.
|
|
ITV, down 7.6 percent, topped the FTSE 100 fallers' list, retreating after gains in the previous session when hopes for a bidding war for Sky after Comcast's offer for the pay-TV group put broadcasters in the spotlight.
|
|
Other top fallers included UK's Saga, down 21.4 percent to an all-time low after a profit warning, Elior Group , down 7 percent following results, and Hays, down 3.8 percent after a downgrade to "sell" at Deutsche Bank.
|
|
Among the biggest fallers on the pan-region index was Bayer, which was down 2.9 percent after the German pharmaceuticals group and Johnson & Johnson agreed to settle thousands of U.S. lawsuits against their blood thinner Xarelto for $775 million.
|
|
Among the biggest fallers on the pan-region index was Bayer , which was down 2.9 percent after the German pharmaceuticals group and Johnson & Johnson agreed to settle thousands of U.S. lawsuits against their blood thinner Xarelto for $775 million.
|
|
Among fallers, property developer Segro declined 4.2 percent after buying the remaining 50 percent stake in the Airport Property Partnership (APP) joint venture, as well as announcing a rights issue to raise 573 million pounds sterling to finance the acquisition.
|
|
Among other notable fallers on the FTSE 100 were miners Fresnillo and Glencore, down 2.6 and 1.8 percent respectively as copper prices slid after U.S. President Donald Trump threatened to impose tariffs on virtually all Chinese imports into the United States.
|
|
Among fallers, shares in Provident Financial slipped more than 4 percent after the subprime lender said it expected to report a loss of about 120 million pounds ($165.49 million) at its consumer credit division, at the upper end of its guidance.
|
|
Betting firm Paddy Power Betfair was among the biggest individual fallers, dropping 2 percent to a one-year low following a downgrade from Investec to "sell" from "buy", citing a deterioration in the regulatory outlook for the UK and Australia.
|
|
Shares in Micro Focus were the biggest fallers, down 5.5 percent after Moody's changed its outlook on the software company's ratings to negative, following issues Micro Focus flagged earlier in the week around its purchase of Hewlett Packard Enterprise assets.
|
|
Shares in French hotel group Accor fell 1.7 percent at the open, the biggest of the CAC 40 fallers, after its third biggest shareholder Prince Alwaleed bin Talal was arrested in Saudi Arabia amid a purge by the future king.
|
|
Commodity stocks were also among the top sectoral fallers, with oil stocks and miners down between 3-4 percent after U.S. Federal Reserve minutes released late on Wednesday signalled that an interest rate hike was on the table for June.
|
|
Mining and energy stocks were among the biggest fallers as continued global trade tensions hit the value of key metals such as copper and a surprise increase in U.S. crude inventories sent Brent crude futures back below $70 a barrel.
|
|
Deal-making added some spice at the single-stock level, with shares in Hammerson among the biggest FTSE fallers, down more than 2 percent, after the real estate investment firm said that it would buy shopping centre operator Intu Properties .
|
|
Among the top fallers, however, British housebuilding stocks Berkeley Group, Persimmon, Barratt Developments and Talor Wimpey all fell between 1.4 percent to 1.9 percent after two opinion polls showed that Britain's Out campaign to leave the EU was in the lead.
|
|
Among the fallers, French state-owned utility EDF hit a fresh all-time low in early trading, extending losses down 8.3 percent, after the French government sold 231.1 million preferential shares in the firm as part of EDF's capital hike.
|
|
Cybersecurity stocks Micro Focus and Sophos were also among top fallers in the UK. With this year's best performing sector down sharply there are worries that weakness could spread to other economically sensitive stocks where resurgent investor interest has also pushed up valuations.
|
|
While the losses on the FTSE 100 were broad-based, financial stocks were among the top fallers, with Lloyds and Barclays down 2.1 percent and 1.7 percent respectively, with analysts citing concerns for the sector remaining in a low interest rate environment.
|
|
Among the top fallers, however, British housebuilding stocks Berkeley Group, Persimmon, Barratt Developments and Taylor Wimpey all fell between 0.9 percent and 1.5 percent after two opinion polls showed that Britain's "Out" campaign to leave the European Union was in the lead.
|
|
The small-cap index saw some big fallers with Superdry slumping another 9 percent on news that its co-founder and former boss Julian Dunkerton was appointed interim CEO after winning the backing of shareholders to join the board by a slim margin.
|
|
Merlin, which runs London attractions including waxworks museum Madame Tussauds and the aquarium, was among the biggest fallers at the open, down 1 percent after a deadly attack in Manchester caused a kneejerk reaction against the stock, which is exposed to domestic tourism.
|
|
LONDON, Jan 2 (Reuters) - Germany's DAX and France's CAC share indexes fell on the first trading day of 2017 on Monday, with Dialog Semiconductor, the maker of chips used in smartphones made by Apple and Samsung Electronics, featuring among the top fallers.
|
|
Among fallers, precious metals miners Fresnillo and Randgold Resources were on the back foot as the price of safe-haven gold fell, while shares in Primark-owner Associated British Foods were the biggest FTSE decliners, down 5 percent after giving a full-year trading update.
|
|
The blue chip FTSE 100 index was flat at 7,20143 points by 0906 GMT, on course to post a 0.2 percent gain in a week that saw some big fallers following disappointing updates from Pearson and Burberry and a profit warning from Travis Perkins.
|
|
Insurers such as Standard Life and Aviva, financial services group Providential and Barclays were among top FTSE 100 fallers, with traders citing speculation that UK finance minister George Osborne may raise taxes on the insurance and finance sectors in his annual budget on Wednesday.
|
|
Outdoor advertising company JCDecaux was among the biggest fallers, down 3.6 percent after JP Morgan cut its shares to 'neutral' from 'overweight', saying contract losses such as the Velib Paris bicycles contract, and a slow recovery to profitability for major contracts suggested limited earnings upside.
|
|
However, a more negative note from Barclays on UK motor insurers hit shares in Direct Line, which was among the biggest fallers with a 3.7 percent decline, while a slew of price target downgrades from major brokers weighed on AB Foods , down 4.3 percent.
|
|
Among other fallers, the abrupt departure of Luxottica's third chief executive in 17 months sent shares in the glasses firm down 6 percent, and concerns about strategy and the ability of the group's 80-year-old founder to steer the company in a more challenging market.
|
|
Among the biggest fallers in the bank sector on Thursday was Societe Generale, down 11.4 percent after it posted a lower than expected rise in fourth-quarter net income, hit by an additional 400 million euros ($450.4 million) that it set aside to cover litigation costs.
|
|
Among the biggest fallers in the bank sector on Thursday was Societe Generale, down 12 percent after it posted a lower than expected rise in fourth-quarter net income, hit by an additional 400 million euros ($450.4 million) that it set aside to cover litigation costs.
|
|
Markets reflect that view — the bonds of steelmaker Severstal, around 80 percent owned by Alexei Mordashov, were the biggest fallers last week from a list of mining and energy firms, after Rusal and Polyus Gold, Abhishek Kumar, lead investment manager for emerging markets fixed income beta at SSGA, noted.
|
|
Drops among cyclical sectors weighed on the index, with heavyweight miners Antofagasta, Rio Tinto, BHP Billiton, Anglo American and Glencore all dropping between 3.6 to 5 percent, the biggest fallers on the index as tensions between the U.S. and North Korea hit riskier assets, including metals prices The broader UK mining sector fell 3.6 percent.
|
|
"If you are going to be in a big oil company during this downturn within the oil market, you may as well be in ... a bigger oil company like ... your BPs, who actually have their profits cushioned, almost like an internal hedge," said David Madden, market analyst at IG. Also among the top fallers was financial services group Prudential, down 3.4 percent following the retirement of its executive director Michael McLintock.
|
|