Lloyds sends FTSE down on opening

Thursday 17th December 2009

The FTSE 100 opened down almost half of one per cent on Thursday morning.

At 09:15 GMT the London index stood at 5,298.27, a drop of 21.99 points – 0.41 per cent.

The biggest loser in early trading was Lloyds Banking Group, down 2.52 per cent to 54.18p.

Barclays also saw drops of 1.37 per cent to 288p.

Mining shares were also sent down as metal prices eased as the dollar strengthened in the wake of a statement from the Federal Reserve on Wednesday night.

Antofagasta also saw shares drop 2.12 per cent, 20 points.

Rentokil Initial recorded the biggest gains in early trading, up almost four per cent in the morning to 109.10p. ADNFCR-1783-ID-19517394-ADNFCR

Related News

FTSE 100 closes slightly up on Wednesday - 16/12/09
The FTSE 100 maintained early gains to close slightly up after a healthy day of trading

Unemployment rises to 2.49 million - 16/12/09
Unemployment in the UK rose to 2

FTSE 100 bounces back in early trading - 16/12/09
The FTSE 100 rose slightly in early trading on Wednesday, fired by financial stocks

BA taking legal action over cabin crew strikes - 16/12/09
British Airways is to take legal action after its cabin crew's union announced 12 days of strike action over Christmas yesterday

Silver miner drags FTSE 100 down on Tuesday - 15/12/09
The FTSE 100 closed slightly down on Tuesday after a relatively flat day in London's leading share index

<< Back To News Listings

News Article Search

Quick Apply