FTSE 100 Slips As Energy Stocks Drag
(RTTNews) - U.K. stocks traded lower on Tuesday as crude prices fell on demand concerns, weighing on the energy sector. BP Plc and Shell both fell around 1 percent.
The downside in the broader market remained limited after data showed Britain borrowed less than predicted by its budget forecasters.
The benchmark FTSE 100 was down 34 points, or half a percent, at 7,462 after finishing 0.1 percent lower in the previous session.
CRH, a provider of building materials solutions, rose over 2 percent after it has agreed to acquire a cement plant and 20 ready mixed concrete plants in Texas from Martin Marietta Materials, Inc. for $2.1 billion.
International Consolidated Airlines Group rose about half a percent after reaffirming its annual outlook.
Cranswick shares jumped 2 percent after the meat producer said it sees annual profit at the upper end of market view.
Bay Street Likely To Open On Mixed Note
European Stocks Pare Early Gains As Markets Digest Earnings, Economic News
Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down
FTSE 100 Moderately Lower At Noon As Investors React To Earnings, GDP Data
UK Economy Logs Marginal Growth
CAC 40 Rises 0.5%; Bank, Luxury Stocks Shine
DAX Retreats After Positive Start, Down Nearly 0.5%
