FTSE 100

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
U.K. equities tumbled from their highest level in 23 months on raising concerns that the recent rally in stock prices passed over the outlook for corporate earnings. The FTSE 100 index dropped 0.3% to 6,069.79. The decline was mainly prompted by decreasing shares of oil firms. All but two sectors within the benchmark index decreased. Banks, however, advanced as the Basel Committee decided to put off the launch of firmer capital requirements by four years. Barclay's PLC soared 3.9% and Lloyds Banking Group PLC added 1.2%, both triggering an increase in the financials sector that rose 0.6%. Meanwhile, Rolls-Royce lost 1.7% to 902.5 pence after the Sunday Times wrote the company was accused of bribing the executive of Air China Ltd to secure orders. National Grid PLC paired biggest losses in the index by declining 2.3% to 695 pence, driving down the utilities group by 1.6%, whereas shares of Randgold Resources Ltd fell 2.1%, halting further advancements in the basic materials sector.


© Dukascopy Bank SA

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