British FTSE 100 decreases 1.17 percent

London, Sep 25 (IANS) The FTSE 100 Index, Britain’s benchmark stock market gauge, late Thursday decreased by 1.17 percent (70.75 points) to 5,961.49 points.

Glencore Plc tumbled 9.62 percent after Goldman Sachs Group Inc. cut its stock price estimate, based on the outlook for commodity markets.

Glencore led the top losers of the blue chips, followed by Smiths Group (down 6.16 percent), Anglo American (5.09 percent), Old Mutual (4.27 percent) and Rolls-Royce Holdings (4.27 percent).

Randgold Resources’s share price shot up by 5.51 percent, topping the gainers of the blue chips.

Fresnillo, Imperial Tobacco Group, Lloyds Banking Group and Whitbread increased by 3.41 percent, 1.94 percent, 1.22 percent and 1.11 percent respectively.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here