Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

LONDON MARKETS: Vodafone Weighs On FTSE 100; Miners Drop

02/18/2013 | 12:36pm 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 0.2% 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

React to this article
Latest news
Date Title
09:04a FORGAME : Insider Information and Profit Warning
09:01a Dr. L. Don Wilson Uses Convergent Dental’s Solea Ultraguide Handpiece to Perform Additional All-Tissue Procedures
09:01a KONICA MINOLTA : Highlights Customizable Tools of Exa RIS/PACS/EHR Platform (RSNA 2015)
08:57aDJEU, Turkey Strike Deal to Stem Flow of Refugees -- Update
08:53a AIRBUS : China's first regional jet delivered
08:39a AMERICAN EXPRESS : Small Business Saturday kicks off in Scranton
08:31a ENERGY TRANSFER PARTNERS : Pipelines a familiar reality for school district, park system
08:21a UMEME : wins Rotary on the Green Golf tournament
08:18a SCHLUMBERGER : Established as first dwtc authority free zone company and dubai trade centre district's inaugural tenant
08:18a Austin ad agency LatinWorks entering new era
Latest news
Hot News 
OPPORTUNITY INVEST MGMT : 27 november 2015 - Announcement AGM on 22 december 2015
ATLANTIS RESOURCES : Tidal generating firm announces long partnership for investment by Gordon Calder
CYTOTOOLS : berichtet über Ergebnisse der europäischen klinischen Studie Phase III: Resultate der Behandlung des diabetischen Fußes mit DermaPro(R) bestätigen nicht die Ergebnisse der vorangegangenen Studien (DGAP News)
EUROPA OIL & GAS : Environment Agency asked to look at Leith Hill drilling firm's finances before giving permit
IMAGINATION TECHNOLOGIES : Sir Hossein Yassaie receives 2015 Lifetime Achievement Award in annual Elektra European Electronics Industry Award...
Most Read News
11/28 Shops2Apps Launches New Service to Transfer Sites and Stores into Native Mobile Apps
11/28 SES TLMACE A S : Project of Three Boilers Denitrification in Žilina Successfully Finished
12:53a NIOC NATIONAL IRANIAN OIL : Iran Petroleum Contracts Dazzling Enough for Foreign Investors
06:01a Toshiba’s Aquilion Lightning Lowers the Cost of Ownership for Entry-Level CT Systems
06:01a Pulmonary MR Imaging Is Now Possible with Toshiba’s Ultrashort Echo Time Sequence
Most recommended articles
08:57aDJEU, Turkey Strike Deal to Stem Flow of Refugees -- Update
08:02aDJMARKET SNAPSHOT : Holiday Sales, Wage Data Likely To Drive Stocks This Week
05:45aDJForget Going Public, U.S. Companies Want to Get Bought
04:12a UK banks await turn of credit screw by Bank of England
11/28 ECB easing, U.S. jobs data in focus