All data is delayed
Loading...
See More

Anglo drop leads UK stocks lower

Jan 16 2013 10:58
Reuters
London - Britain's Top Share index fell back on Wednesday, testing a key technical support level, weighed by weak miners with Anglo American [jse:agl] the leading faller as one of its mines is hit by a strike.

At 10:16, the FTSE 100 index was down 14.83 points, or 0.2% at 6 102.48. Traders said a close below the index's 2011 high at around 6 100 would signal waning buying momentum and may mark the start of a pullback for the index. 

Anglo American shares shed 3.4% after workers at South Africa's Rustenburg operations refused to go underground in a protest at company plans to close mines.  

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

international markets

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about: SMALL BUSINESS

From fossils to finance – that’s been the career trajectory of Dr Merrill van der Walt, a palaeontologist until recently. She is now a statistician with a difference.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

SA's avoidance of junk status by rating agencies: Moody's and Fitch

Previous results · Suggest a vote

Loading...