You are here:   Home

FTSE 100 reports little changes as investors keep cautious

Xinhua, September 2, 2014 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Monday increased by 0.08 percent, or 5.56 points, to 6,825.31, as investors chose to adopt a cautious approach in the absence of a trading session in the U.S.

Meanwhile, risk appetite was also limited ahead of a busy week for financial markets worldwide.

Figures showed a manufacturing slowdown in the Eurozone, UK and China capped gains in stocks on Monday, as did the ongoing geopolitical tensions in Ukraine.

British manufacturing purchasing managers' index (PMI), a gauge of the industry activities, slipped to 52.5 in August from the revised 54.8 in July, its lowest reading since June 2013, said Markit Economics Limited on Monday.

The data was well below the market estimates consensus of 55.1.

ITV's share price increased by 3.55 percent, topped the gainers of the blue chips. Marks & Spencer Group, BAE Systems, Kingfisher, BG Group increased by 2.58 percent, 2.45 percent, 1.61 percent and 1.29 percent respectively.

WM Morrison Supermarket led the top losers of the blue chips with a share price drop of 2.25 percent, followed by Mondi (2.03 percent), Tesco (1.91 percent), Shire (1.20 percent) and GlaxoSmithKline (0.98 percent).

The index has gained 4.21 percent so far this year when adjusted in U.S. dollar. Endit

Bookmark and Share

Related News & Photos