FTSE News: FTSE 100, FTSE 250, and FTSE 400 investment news
FTSE market news from the London Stock Exchange: FTSE 100, FTSE 250, and FTSE 400

Latest FTSE News:

  • Miners gain, house builders see declines

  • Oil, miners higher in London

  • Telecoms, retailers see gains

  • Pharma lower in London

  • British Energy drops on nuclear plant delays

  • Home builders see gains in London

  • House builders, property developers down in London

  • Brewers higher on bids rumors

  • Oil sector, banks mixed in London

  • BP, Royal Dutch Shell gain on higher oil prices

  • FTSE news feed

    Recommended equities news sites

  • Eurofirst News
  • Tokyo Market News
  • NYSE News
  • Insurance: Car & Home
  • FTSE
  • London Stock Exchange
  •  

    February 14, 2006

    London markets down in early trade

    Filed under: Companies, Prudential, Xstrata, 888 Holdings, PartyGaming, Rio Tinto, British Land, Land Securities, BHP Billiton, Aviva, Rolls Royce, Cadbury Schweppes

    In mid-morning trade on Tuesday, the London equities markets were down, with the FTSE 100 down by 0.1 percent to 5,787.6 after early gains. The FTSE 250 was also down 0.1 percent to 9,321.4.

    The biggest losers were in the online gambling sector. PartyGaming lost 5.9 percent on the FTSE 100 to trade at 121p while 888.com dropped 5 percent to 187¾p. 888.com trades on the FTSE 250.

    On the other hand, properties firms British Land and Land Securities were up after British Land said that its net asset value and its underlying profits were both up. British land advanced by 0.5 percent to £11.91½. Land Securities saw even more of a jump in its shares, gaining 1.6 percent to £17.97.

    The mining sector was up as well, with Asian commodities prices firmer. Rio Tinto gained 1.7 percent to £27.79, BHP Billiton was up 1.4 percnet to 956½p, and Xstrata advanced by 1.1 percent to £16.27.

    Life assurers were up as well, with Aviva and Prudential each gaining 1 percent to 758½p and 604p respectively.

    Engine manufacturer Rolls Royce gained 1.6 percent to 434½p on an upgrade to “buy” from “neutral” by Merrill Lynch.

    Cadbury Schweppes also benefited from an upgrade to “buy” from “hold” and a raised target price of 620p, up from 565p, by Citigroup. The confectioners gained 1.6 percent to 566½p.





    Latest Equities News:

  • Wall Street ends lower despite rate cut

  • Asia-Pacific, Europe equities see declines

  • Hang Seng adds 10.72 percent on session

  • India’s Sensex drops 1,408 points on session

  • Australian markets drop for 9th straight day

  • Taiex gains on opposition win in parliamentary elections

  • Hang Seng drops nearly 400 points

  • Most Asia-Pacific markets drop on US recession worries

  • Tokyo declines on export worries

  • Asia-Pacific equities mixed on economic concerns

  • FTSE News copyright 2005 Central Consultants