FTSE 100 drops by 1.13 pct on Euro zone, US data
Xinhua, July 25, 2015 Adjust font size:
FTSE 100 Index, British benchmark stock market gauge, Friday dropped by 1.13 percent, or 75.30 points, to 6579.81, as data from Euro zone and the United States weaker than estimation.
Euro area's manufacturing purchasing managers' index (PMI) flash, a gauge of the industry activities, edged down to 52.2 in July 2015 from the 52.5 in June 2015, said Markit Economics Limited Friday.
The states new home sales dropped by 6.8 percent to reach an annualized pace of 482,000 in June, below the 548,000 expected by the consensus.
Antofagasta decreased by 6.28 percent, topping the losers of the blue chips.
Prices of Glencore, BHP Billiton, Ashtead Group and Anglo American dropped by 4.50 percent, 3.81 percent, 3.54 percent and 3.52 percent respectively.
Vodafone Group led the top gainers of the blue chips with a share price drop of 2.80 percent, followed by RSA Insurance Group (1.82 percent), Land Securities Group (0.93 percent), Severn Trent (0.37 percent) and Hikma Pharmaceuticals (0.34 percent).
Trading volume in FTSE 100 companies was around eight percent smaller than its 30-day average. And the index has gained 2.50 percent so far this year. Endit