London Market Report

Search company or market
Search company or market:
Refresh this page Launch Marketwatch ticker
London | Paris | Frankfurt | Tokyo | Wall Street

FTSE 100 Index

Last Updated at 28 Jul 2014, 11:36 ET *Chart shows local time FTSE 100 intraday chart
value change %
6788.07 -

Top winner and loser

British Sky Broadcasting Group

904.50 p +

Aberdeen Asset Management

435.00 p -
value change %

FTSE 250 Index

15616.53 -

FTSE 350 Index

3680.77 -

FTSE All Share Index

3615.11 -

FTSE Techmark Index

3253.55 -

(Close): Stocks resumed their downward path, with the FTSE 100 index closing 45.67 points or 0.68% down at 6,672.37.

Share indexes across Europe saw bigger falls after investors' confidence was hit by some weak economic data.

French manufacturing output fell 2.3% in May and Italian industrial output also saw a sharp fall.

Sentiment was also hit by news that shares in Banco Espirito Santo, Portugal's largest listed bank by assets, had fallen more than 15%.

The fall was triggered by worries over the financial strength of the bank's holding companies.

In the London market, shares in Burberry rose 3.2% after it reported a strong rise in quarterly sales, although it added it would take a hit to profits from currency movements.

Shares in the London Stock Exchange dropped 3.1% after reports that the Qatar Holding sovereign wealth fund had sold a 5% stake in the exchange. The sale still leaves Qatar Holding with a stake of about 10% in the LSE.

Housebuilder Barratt Developments closed 0.4% higher after releasing an upbeat trading update. Barratt said profits would be at the top end of forecasts, with completions at the highest level in six years.

Halfords shares fell 2.5%, despite the car maintenance and bike retailer reporting a 7.9% rise in revenue for the 13 weeks to 27 June.

Halfords saw a strong rise in sales at its cycling section - up 21.3% on a like-for-like basis - which it said had been helped by the good weather and increased interest in the Tour de France.

On the currency markets, the pound dropped 0.2% against the dollar to $1.7125 and was up 0.1% against the euro at 1.2592 euros.

More Business stories



  • Prince Harry, Duke and Duchess of CambridgeIn pictures

    Duke and Duchess of Cambridge and Prince Harry enjoy Games

  • Gin drinkerMother's ruin

    The time when a single drink of gin could kill

  • SyedTanks not toys

    Lyse Doucet on the plight of children in Syria and Gaza

  • Storm at sea, near site of Costa Concordia sinkingSudden strike

    What happens when lightning hits the sea?

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.