Arab Today, arab today london shares lower on us debt woes
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

London shares lower on US debt woes

Arab Today, arab today

Arab Today, arab today London shares lower on US debt woes

London - AFP

Shares in London fell in opening trade on Thursday amid growing anxiety about the deadlock in US debt talks, dealers said. Adding to selling pressure was a decision by Standard & Poor\'s to further downgrade Greece\'s credit rating, saying plans to restructure the country\'s debt would entail a default. The benchmark FTSE 100 index was down 20.15 points or 0.34 percent at 5,836.43 at 8:28 am. Royal Dutch Shell eased 12 pence or 0.53 percent to 2,253 pence after the global oil giant announced a 56 percent surge in underlying net profit in the second quarter. Chief executive Peter Voser said the outlook for the rest of the year is positive. \"We have made important progress with new production in 2011, and the ramp-up of our new projects should drive our financial performance in the coming quarters,\" he said. Centrica shed 2.90 pence or 0.90 percent to 317.40 pence following the utility company\'s announcement of a 24 percent plunge in second quarter adjusted earnings as it faced a 30 percent jump in wholesale gas prices and lower consumption. Weapons manufacturer BAE Systems was the top riser, adding 1.74 percent to 297.60 pence. It said profit fell 22 percent in the first half but it also unveiled plans to repurchase some of its shares at a cost of up to £500 million. Telecoms group BT added 1.73 percent to 194 pence as investors responded well to news that pretax profit jumped 20% in its first quarter to June from a year earlier.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today london shares lower on us debt woes Arab Today, arab today london shares lower on us debt woes

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today london shares lower on us debt woes Arab Today, arab today london shares lower on us debt woes

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday