Off the wire
• Austrian unemployment increases further in August  • Swedish gov't vows to strengthen school system  • Spain's car sales rise by 23.3 pct in August  • Number of women, children passing through Balkan to seek refuge in Europe triples: UNICEF  • Uganda's ex-world steeplechase champion moves to marathon  • Spanish stock market falls 2.59 pct, closes at 9,992 points  • Uganda drops women's basketball team for 2015 All Africa Games  • NATO command center proves readiness to strengthen Latvia's security: Bergmanis  • Czech Republic to provide assistance to Serbia over migrant crisis: PM  • Bank of China to open first branch in Vienna  
You are here: 　 Home

FTSE 100 drops on Tuesday

Xinhua, September 2, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Tuesday dropped by 3.03 percent, or 189.40 points, to 6,058.54, as the weak manufacturing data both from China and Britain weighed on the sentiment of the market.

China's manufacturing purchasing managers' index (PMI) in August was 49.7, down from 50 in July, data showed by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing.

British manufacturing PMI also slipped to 51.5 in August 2015 from 51.9 in July 2015, said Markit Economics Limited. The data was lower than the market estimates consensus of 52, though it has stayed above the neutral 50.0 mark in each month since April 2013.

A figure above 50 suggests that the sector is growing, while that below 50 represents contraction.

All the sectors of London market closed lower today, with Industrial Metals & Mining, Mining and Forestry & Paper sectors led the lost.

Commodities trader Glencore's share price slumped by 9.98 percent topped the losers of the blue chips.

Share prices of Anglo American, BHP Billiton, 3i Group and Old Mutual declined by 7.64 percent, 6.71 percent, 6.63 percent and 6.39 percent respectively.

Only one company's share closed higher among the 101-component index. It was Meggitt that increased by 2.37 percent.

The trading volume in FTSE 100 companies was around 22 percent more than its 30-day average. And the index has lost 4.80 percent so far this year.

The broader FTSE All-Share Index lost 1.55 percent. Endit