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FTSE 100 closes lower on Tuesday

Xinhua, January 28, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Tuesday decreased by 0.60 percent, or 40.79 points, to 6,811.61.

The London stock index fell on Tuesday as disappointing economic data from Britain weighed on sentiment.

Britain's gross domestic product (GDP) in the fourth quarter of 2014 grew by 0.5 percent, compared with growth of 0.7 percent in the third quarter of this year, data by the Office for National Statistics (ONS) showed Tuesday.

"The preliminary estimate of Q4 GDP brings further evidence that the Britain's economic recovery lost a little pace towards the end of the last year," said Samuel Tombs, the senior Britain economist in Capital Economics, a London-based economic research company.

Centrica's share price increased by 4.16 percent, topped the gainers of the blue chips. Randgold Resources, International Consolidated Airlines Group, SSE and easyJet increased by 2.66 percent, 2.19 percent, 1.91 percent and 1.88 percent percent respectively.

TUI AG Reg Shs led the top losers of the blue chips with a share price drop of 3.33 percent, followed by Weir Group (2.79 percent), Intertek Group (2.70 percent), Rolls-Royce Holdings (2.66 percent) and ITV (2.50 percent).

The index has gained 3.85 percent so far this year when measured in U.S. dollar. Endit