Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

LONDON MARKETS: Vodafone Weighs On FTSE 100; Miners Drop

02/18/2013 | 10:53am US/Eastern

By Sara Sjolin, MarketWatch

LONDON (MarketWatch)--The U.K.'s benchmark stock index dropped on Monday, with mining firms adding pressure and Vodafone Group PLC on the decline after a new partnership agreement.

The FTSE 100 index fell 0.3% to 6,310.26, partly erasing a 1% gain from last week.

Shares of Vodafone Group PLC (>> Vodafone Group plc) lost 0.5%, as the wireless-telecom firm announced the creation of a strategic five-year partnership with BAE Systems PLC. (>> BAE Systems PLC (ADR)) The deal aims to provide business with advanced communications-security products. Shares of BAE Systems fell 0.6%.

Shares of Anglo American lost 2.3%, after media reports said five workers were shot at an Anglo American Platinum Ltd.'s South Africa mine. Anglo American holds a majority stake in Anglo American Platinum.

Other mining firms also declined, even as most metals prices were on the rise. Shares of Antofagasta PLC lost 1.9%, Vedanta Resources PLC fell 1.8% and Rio Tinto PLC (>> Rio Tinto plc) gave up 1.1%.

Oil prices were lower, adding pressure on U.K. oil firms. Shares of BP PLC (>> BP plc) lost 0.7% and BG Group PLC fell 0.3%.

International Consolidated Airlines Group SA (>> International Consolidated Airlines Grp) fell 1.3%, as its Iberia airline said it would cancel 236 flights during the first of the 15 days its workers are planning to strike.

Banks were mostly lower. Shares of Royal Bank of Scotland Group PLC (>> Royal Bank of Scotland Group plc) fell 1.5%, Barclays PLC (>> Barclays PLC) slipped 0.5% and HSBC Holdings PLC (>> HSBC Holdings plc) nudged 0.2% lower.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

React to this article
Latest news
Date Title
06:27a SENSATA TECHNOLOGIES N V : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)
06:26a NTELOS : posts 2Q profit
06:25a RESEARCH AND MARKETS : Global Respiratory Diseases Diagnostic Testing Market Strategies 2015
06:25a RESEARCH AND MARKETS : Global Transfusion Diagnostic Testing Market Outlook 2015: Facilities, Test Volumes, and Sales Forecasts for Typing, Grouping and Infectious Disease Screening Assays by Country
06:24a AECI : Announcement: results presentation
06:24a KAZKOMMERTSBANK AO : Change of share held by Kazkommertsbank in the charter capital of The First Credit Bureau
06:24a NEPTUNE ORIENT LINES : G6 Alliance announces Asia–Europe Service Enhancement
06:24a BC LNG ALLIANCE : PDA Press Release
06:24a BANCO ESPIRITO SANTO : Release concerning the change of name of espírito santo bank
06:24a DASSAULT AVIATION : delivers first Rafales to the Arab Republic of Egypt
Latest news
Advertisement
Hot News 
BANCO ESPIRITO SANTO : Release concerning the change of name of espírito santo bank
COLEFAX : Profit Rises As Strong Fabric Offsets Weaker Decorating Arm
TRAP OIL : All Change At Trap Oil As It Issues Shares To Become Jersey Oil (ALLISS)
MAGNETEK : Stull, Stull & Brody : Launches Investigation Into Possible Breaches of Fiduciary Duty by the Board of Directors of Magnetek, Inc. (MAG)
ROYAL IMTECH : Trading update Royal Imtech
Most Read News
07/27 RIRDC RURAL RESEARCH AND DEVELOPMENT : Quinoa shows potential for high profit crop
07/27 MEDIA ADVISORY : Harper Government to Announce Support for Community Infrastructure in West Kelowna
07/27DJThree-Day Selloff Knocks 11% From China Shares
07/27 PJD PJ DEVELOPMENT BHD : Circular/Notice to Shareholders
07/27 ITC PROPERTIES : Major Transaction in relation to the Acquisition of the Share of Westfountain Co. Ltd. and Shareholder’s Loan of its Subsidiary
Most recommended articles
06:22a Sainsbury's overtakes Asda to become UK's No.2 supermarket
06:19a Hedge fund economist to join Bank of England's MPC
06:19aDJMARKET SNAPSHOT : U.S. Stock Futures Climb With Key Fed Meeting In Focus
06:18aDJStocks Steady as China Bounces Back -- 2nd Update
06:17aDJBP : CFO Says Further Softness in Oil Price to Come