FTSE 100 drops on weakness of commodity producers

Note: This section contains information in English only.
Source: Dukascopy Bank SA

UK stocks fell on the Fed decision not to implement additional easing measures at the moment.  Commodity-heavy UK index lost 1.31 % to trade at 5,590.30 at the time of writing. Mining companies led the decline, with Rio Tinto dropping after the company announced that its CEO, Guy Elliot, will retire next year. Other commodity producers also slumped.  BHP Billiton and Xtrata sank 1.63% and 1.50%. Energy stocks were mixed after crude oil price tumbled on global demand concerns. Anglo American fell 2.14%  while BP added 0.05%. Meanwhile, Burberry extended previous losses, declining by 1.01%. Financials also retreated. HSBC Holdings and Royal Bank of Scotland dropped 1.65% and 0.72%.

 

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