FTSE 100 prolongs losses as commodities fall

Note: This section contains information in English only.
Source: Dukascopy Bank
FTSE 100 index extended losses on Wednesday driven by miners as commodity prices tumbled. Fresnillo PLC slipped 5.2%, Evraz PLC lost 4.1% and Xstrata PLC edged down 2.4%. Insurer Resolution Ltd. dropped 1% after UBS downgraded the share from buy to neutral. Next Plc tumbled 3% on news its CEO Simon Wolfson sold 125,000 stocks in the firm. Financials also weighed on the index with Royal Bank of Scotland Plc falling 3% and Barclays PLC dropping 4.4%. At the moment of writing FTSE 100 trades 1.5% or 87.33 points lower at 5,751.01.

Back to articles

Actual Topics

Wed, 04 Apr 2012 14:28:51 GMT

DAX index tumbles on economic data

German DAX index plunged on Wednesday as disappointing economic data sent shares sharply lower. Final Euro Zone PMI for March affirmed contraction across the region amid climbing Spanish borrowing costs. Moreover ECB left its benchmark rate steady at 1%. German car makers and financials contributed most to the downside. Volkswagen AG lost 1.1% and Daimler AG declined 1.2%. Commerzbank AG

Wed, 04 Apr 2012 15:23:33 GMT

Favourable weather in the US and Europe limits grains' rally

Rural commodities were mixed as grains moved higher while coffee and sugar declined amid stronger US dollar. Wheat was backed up by speculation that more wheat will be used as animal feed in the US because corn prices are growing. However, the upward move was blocked as favorable weather in the US Great Plaints and in Europe is likely to

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.