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FTSE 100 closes lower on Monday

Xinhua, March 3, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Monday decreased by 0.09 percent, or 6.02 points, to 6,940.64.

Disappointed data from the United States weighed on the London stock index. Economic activity in the U.S. manufacturing sector slowed in February to its weakest pace in more than a year, an industry survey showed on Monday.

Besides, British manufacturing purchasing managers' index (PMI), a gauge of the industry activities, edged up to 54.1 in February 2015 from the revised 53.0 in January 2015, registering the nine-month high of the reading, said Markit Economics Limited on Monday.

Royal Bank of Scotland Group's share price increased by 3.02 percent, topped the gainers of the blue chips. Hargreaves Lansdown, Barclays, British Land and ARM Holdings increased by 2.65 percent, 2.28 percent, 1.99 percent and 1.98 percent respectively.

Tullow Oil led the top losers of the blue chips with a share price drop of 7.75 percent, followed by Shire (2.18 percent), Royal Dutch Shell 'B' (2.09 percent), Aggreko (1.64 percent) and Babcock International Group (1.58 percent).

The index has gained 6.27 percent so far this year when measured in U.S. dollar. Endit