UK shares retreat on Spain's woes

Note: This section contains information in English only.
Source: Dukascopy Bank SA
UK shares are trading slightly lower on Friday amid increased cautiousness among market participants ahead of the results of Spanish banks' stress tests due later in day after the market close. Mixed news from Germany and Italy also weighted down on the UK stock index. The FTSE 100 Index slid 0.25% and is currently trading at 5,764.83. Six out of ten sectors within the index inched up. The biggest gains poised industrials and basic materials amid slightly higher commodity prices. Rolls-Royce Holdings and Wolseley climbed 0.12% and 1.14%. Among miners, Antofagasta, Croda International and Rio Tinto rose 1.93%, 0.96% and 1.60%, respectively. At the same time, lenders and consumer services sent the UK equity index lower. Shares of Barclays, HSBC and Lloyds Banking Group shed 0.16%, 0.40% and 0.88%, respectively. Meanwhile, InterContinental Hotels Group and Compass Group dropped 0.12% and 2.27%.

 

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