Mon, 05 Nov 2012 16:25:14 GMT
UK shares drop after weak services PMI reading
UK equities are trading lower on Monday as investors remain cautious ahead of the US presidential elections due on Tuesday. Weaker-than-expected UK services PMI reading also added to losses of the equities. Moreover, worrying signals from Spanish labour market pushed UK shares lower. The FTSE 100 Index shed 0.46% to trade at 5,841.43. Only three sectors in ten within the