Arab Today, arab today ftse 100 slips on lackluster construction data
Last Updated : GMT 15:50:29
Arab Today, arab today
Arab Today, arab today

FTSE 100 slips on lackluster construction data

Arab Today, arab today

Arab Today, arab today FTSE 100 slips on lackluster construction data

FTSE 100 risers
London - XINHUA

FTSE 100 Index, British benchmark stock market gauge, Friday dropped by 0.62 percent, or 38.05 points, to 6117.76, as British construction output witnessed a surpirsing dip in July.

Official data showed that British construction output fell by 1.0 percent on the month in July 2015, worse than economists' forecasts of a 0.5 percent pick-up after an unrevised 0.9 percent rise in June.

Most sectors of London market closed lower Friday, with Industrial Metals & Mining, Food & Drug Retailers and Fixed Line Telecommunications sectors leading the losers.

WM Morrison Supermarkets' share price slumped by 3.34 percent, topping the losers of the blue chips.

Share prices of Inmarsat, J Sainsbury, Tesco and BT Group declined by 2.48 percent, 2.30 percent, 2.26 percent and 2.19 percent respectively.

BAE Systems led the top gainers of the blue chips with a share price increase of 1.92 percent, followed by Hikma Pharmaceuticals (1.69 percent), Kingfisher (1.39 percent), Coca-Cola HBC (1.20 percent) and Rio Tinto (1.76 percent).

The trading volume in FTSE 100 companies was around 7 percent less than its 30-day average. And the index has lost 3.77 percent so far this year.

The broader FTSE All-Share Index lost 0.54 percent.

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