Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

LONDON MARKETS: Vodafone Weighs On FTSE 100; Miners Drop

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/18/2013 | 06:36pm CEST

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 0.2% to close at 6,318.19, partly erasing a 1% gain from last week.

Shares of Vodafone Group PLC (>> Vodafone Group plc) lost 0.6%, 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 0.5%.

Shares of Anglo American lost 2.8%, after the miner said a total of 12 workers and security personnel were injured with rubber bullets 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 1.3% and Rio Tinto PLC (>> Rio Tinto plc) gave up 0.6%.

Shares of BP PLC (>> BP plc) lost 0.7%, tracking oil prices lower.

International Consolidated Airlines Group SA (>> International Consolidated Airlines Grp) fell 1.6%, 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 1.4%, Barclays PLC (>> Barclays PLC) slipped 0.3% and HSBC Holdings PLC (>> HSBC Holdings plc) nudged 0.1% lower.

Shares of Reckitt Benckiser Group PLC gained 0.3%. The consumer-products firm said it would start buying back as many as six million ordinary shares, representing about 0.8% of the current share capital.

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
02:31a DEUTSCHE BANK : rates SFR as Buy
02:31a DEUTSCHE BANK : rates FXL as Buy
02:31a DEUTSCHE BANK : rates BKW as Buy
02:31a DEUTSCHE BANK : rates MQA as Buy
02:31a FLEXIGROUP : Macquarie rates FXL as Neutral
02:31a CITIGROUP : Citi rates MML as Neutral
02:31a WESFARMERS : Morgans rates GDF as Add
02:31a CREDIT SUISSE : rates CAJ as Neutral
02:31a MORGAN STANLEY : rates RHC as Equal-weight
02:31a AMKOR TECHNOLOGY : to Present at Upcoming Conferences
Latest news
Advertisement
Hot News 
-20.31%ABERCROMBIE & FITCH : no longer sees comparable sales improving this year
-10.76%Mondelez abandons pursuit of U.S. chocolate maker Hershey
-20.66%G III APPAREL : III Cuts Earnins View Amid Surprise Loss
-10.34%DSW : Affirms Outlook After Completing Review
3.95%Mondelez Drops Offer For Hershey -- WSJ
Most Read News
06:41p MONSANTO : SEC awards $22 million to ex-Monsanto executive through whistleblower program
08:09p GAP : reports fire at Fishkill distribution center, no injuries
06:08p K12 : Back to School for Insight School of Washington Students Means Powering Up the Computer
08:10pDJAPPLE : EU Demands Apple Repays $14.5 Billion in Irish Tax Breaks -- 5th Update
07:33p ASTRAZENECA : to pay $5.52 million to resolve U.S. SEC foreign bribery case
Most recommended articles
08:27p BLACKSTONE LP : Shell's U.S. deal to unlock global oil asset disposals
08:16p MITSUBISHI MOTORS : hits 4-week low; overstated mileage for more models
08:13p Australia's opposition moves motion for Royal Commission into banks
08:13pDJAPPLE : EU Apple Tax Ruling Stirs Fears of Revenue Loss in U.S. -- Update
08:09p GAP : reports fire at Fishkill distribution center, no injuries