All data is delayed
See More

Anglo drop leads UK stocks lower

Jan 16 2013 10:58
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


Read Fin24’s Comments Policy 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
Comments have been closed for this article.

Company Snapshot

Money Clinic

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

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote