FTSE 100 starts week lower

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Source: Dukascopy Bank
British FTSE 100 index faced a choppy session on Monday as UK service PMI declined in February. Weir Group tumbled 3.4% after Citi analysts cut stock's rating from neutral to sell. Tesco PLC lost 0.4% on news it plans to create 20,000 new jobs in Britain. On the upside BP PLC rallied 1.5% after company said it has reached a USD 7.8 billion settlement  in the case of 2010 Gulf oil spill. Intertek Group PLC jumped 3.5% after reporting a 23% increase in annual pre-tax profit. At the moment of writing FTSE 100 is 0.14% or 8.47 points down at 5,902.66. 

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