
FTSE 100 Index, British benchmark stock market gauge, Wednesday decreased by 1.20 percent, or 84.25 points, to 6,946.28 points, due to gloomy U.S. economic data and ongoing uncertainty in Greece.
U.S. real gross domestic product (GDP) increased at an annual rate of 0.2 percent in the first quarter this year, according to an advanced estimate released by the U.S. Commerce Department on Wednesday.
The first quarter GDP showed a sharp slowdown from the fourth quarter's 2.2 percent and below expectations.
Besides, industrial engineer Weir Group's shares jumped as it delivered a better-than-expected first quarter from minerals, its largest division.
Weir Group's share price increased by 5.64 percent, topped the gainers of the blue chips. Next, Royal Mail, InterContinental Hotels Group and Randgold Resources increased by 1.67 percent, 1.51 percent, 1.43 percent and 1.19 percent respectively.
Hikma Pharmaceuticals led the top losers of the blue chips with a share price drop of 3.72 percent, followed by CRH (3.65 percent), Dixons Carphone (3.03 percent), Carnival (3.01 percent) and Unilever (2.83 percent).
The index has gained 7.32 percent so far this year when measured in U.S. dollar.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor