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FTSE 100 drops 0.36 pct on Tuesday

Xinhua, June 3, 2015 Adjust font size:

FTSE 100 Index, the British benchmark stock market gauge, decreased by 0.36 percent, or 25.31 points, to 6,928.27 points on Tuesday.

Falling tobacco shares and worries persisting over the Greek debt crisis dragged the London stock index down.

The Greek government submitted "a realistic proposal" to its international creditors in an attempt to secure a deal over its debts, reports said on Tuesday. But analysts said investors' patience was at breaking point.

Besides, the British construction purchasing managers' index (PMI) rebounded to 55.9 in May 2015 from April's 22-month low of 54.2, said Markit Economics Tuesday.

Imperial Tobacco Group led the top losers of the blue chips with a share price drop of 2.90 percent, followed by British American Tobacco (2.41 percent), British Land Co PLC (2.29 percent), Land Securities Group (2.19 percent) and Hammerson (2.15 percent).

Anglo American soared with 4.54 percent, topping the gainers of the blue chips. Antofagasta, Rio Tinto, Wolseley and WM Morrison Supermarkets increased by 3.16 percent, 2.38 percent, 2.02 percent and 1.83 percent respectively.

The index has gained 7.55 percent so far this year when measured in U.S. dollars. Endit