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

4-Traders Homepage  >  News  >  Markets

News : Markets

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

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

Stocks mentioned in the article
ChangeLast1st jan.
ANGLO AMERICAN 2.71% 1697 Delayed Quote.9.52%
ANGLO AMERICAN PLATINUM LTD 3.13% 330.34 End-of-day quote.-7.59%
ANTOFAGASTA 1.98% 1028.5 Delayed Quote.2.34%
BAE SYSTEMS 0.74% 625 Delayed Quote.9.08%
BARCLAYS 2.01% 194.02 Delayed Quote.-4.47%
BP 3.06% 576.6 Delayed Quote.10.31%
FTSE 100 INDEX 0.28% 7234.11 End-of-day quote.-5.90%
INTERNATIONAL CONSOLIDATED AIRLINES GROUP 1.11% 726.6 Delayed Quote.11.15%
RECKITT BENCKISER 2.58% 6317 Delayed Quote.-10.23%
RIO TINTO 1.94% 4182 Delayed Quote.6.09%
RIO TINTO LIMITED -0.77% 82.46 End-of-day quote.8.77%
ROYAL BANK OF SCOTLAND GROUP 1.79% 261.5 Delayed Quote.-7.23%
VEDANTA RESOURCES 2.26% 661 Delayed Quote.-17.84%
VODAFONE GROUP PLC --End-of-day quote.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Markets"
06/23MARKET SNAPSHOT: Stock-market Leaders Yet To Be Undercut By Trade-war Fears
DJ
06/22ADRs End Higher; AngloGold Ashanti, Mobile Telesystems, Pearson Trade Actively
DJ
06/22Dow Suffers Biggest One-Week Loss Since March
DJ
06/22MARKET SNAPSHOT: Dow Snaps 8-session Skid, But Logs Worst Weekly Fall Since March As Trade Jitters Persist
DJ
06/22THE SCORE : The Business Week in 7 Stocks
DJ
06/22WALL STREET STOCK EXCHANGE : U.S. Stocks Suffer Biggest One-Week Loss Since March
DJ
06/22WALL STREET STOCK EXCHANGE : Dow snaps losing streak on energy lift
RE
06/22TSX rises 0.70 percent, led by energy
RE
06/22WALL STREET STOCK EXCHANGE : U.S. Stocks Poised for Weekly Losses as Trade Tensions Heat Up
DJ
06/22WALL STREET STOCK EXCHANGE : U.S. Stocks Poised for Weekly Losses as Trade Tensions Heat Up
DJ
Latest news "Markets"
Advertisement