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| UK Stock Market Overview |
London
stocks fall on the fourth day consecutively as a sell-off in iron
ore and a stronger dollar hit share prices in the mining sector. In
economic data, a Nationwide survey showed the annual growth in UK
house prices slowed to an 18-month low of 5.1% in March. Meanwhile,
the final estimate of fourth-quarter annualized US economic growth
was confirmed at 2.2%, in line with initial estimates but down from
5% in the third quarter.
The
FTSE 100 index ended the session down by
0.58 % at 6855.02, as it is not able to sustain above the 7000 level
mark. If
during the day market is breaching the support level of 6830 on
downside after consolidation, then it can test the level of 6770 with
the reistance of 6880.
TOP GAINER
Name
|
Close
Price
|
Change
%
|
CARNIVAL
|
3241
|
7.18
|
INTERCONT
HOTELS
|
2640
|
2.76
|
SHIRE
|
5425
|
2.17
|
SABMILLER
|
3613
|
1.43
|
MAN GROUP
|
203.6
|
1.24
|
TOP LOSER
Name
|
Close
Price
|
Change
%
|
ANGLO
AMERICAN
|
1044
|
3.02
|
HAYS
|
151.2
|
2.64
|
RIO
TINTO
|
2809.5
|
2.35
|
BARCLAYS
|
244.25
|
2.3
|
BHP BILLITON
|
1507.5
|
2.27
|
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