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FTSE 100 ends six-day rally

Published January 7, 2009, 9:54 am, Shropshire Star

The FTSE 100 has ended its six-day rally, ending 2.83 per cent lower as utilities and mining stocks weighed on the index.

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European shares down; utilities, BP lead fallers - Forbes
LONDON, Jan 7 (Reuters) - European shares declined by midday on Wednesday after rising for six consecutive sessions, as oil major BP led the energy sector down, while rising German unemployment provided further evidence of economic weakness. At 1201 ...

Stocks tumble as companies warn of weak results - Associated Press
NEW YORK (AP) -- A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month Wednesday. The news upended some investors' hopes for a speedy economic recovery ...

FTSE 100 ends six-day rally - MyFinances.co.uk
The FTSE 100 has ended its six-day rally, ending 2.83 per cent lower as utilities and mining stocks weighed on the index. Hedge fund Man Group led the decline, falling 9.41 per cent over the day, while Antofagasta was down by 8.30 per cent and ...

FTSE Ends Six-Day Rally As Commods Slide - Javno
Britain's top share index closed 2.8 percent lower on Wednesday, ending a six-day winning streak, as sliding oil and metal prices knocked commodity stocks, with BP also hit by worries about its earnings outlook. The FTSE 100 closed down 131.41 points ...

Glance-FTSE ends six-day rally as commods slide - Forbes
BP also hit by worries about its earnings outlook. The FTSE 100 closed down 131.41 points at 4,507.51, after rising 10 percent in the previous six sessions. 'I wouldn't read too much into the rally over the last couple of weeks, so I won't read too ...

FTSE ends six-day winning streak - Reuters UK
LONDON (Reuters) - Blue-chip stocks fell 1.3 percent by midday on Wednesday, as investors booked profits after a six-day winning streak, with earnings worries weighing on oil major BP ( BP.L ) and mining and banking stocks pressured. By 11:58 a.m ...

FTSE rally ends as oil price falls - MSN UK News
The six-day rally on the FTSE 100 Index was brought to an abrupt end as falling commodity stocks put pressure on miners and oil majors. Oil prices fell back below the 50 US dollar mark as a US government report showed oil reserves were much greater ...

FTSE ends six-day rally as commodities slide - MSN UK News
LONDON (Reuters) - The top share index closed 2.8 percent lower on Wednesday, ending a six-day winning streak, as sliding oil and metal prices knocked commodity stocks, with BP also hit by worries about its earnings outlook. The FTSE 100 ...

Latest Share Chat - Life Style Extra
BP also hit by worries about its earnings outlook. The FTSE 100 closed down 131.41 points at 4,507.51, after rising 10 percent in the previous six sessions. 'I wouldn't read too much into the rally over the last couple of weeks, so I won't read too ...

Europe Stock-Index Futures Drop, Signal End to Six-Day Rally; Man May ... - Bloomberg
Jan. 7 (Bloomberg) -- European stock-index futures were little changed, indicating the Dow Jones Stoxx 600 Index?s six- day rally may slow, on speculation deteriorating earnings will offset government efforts to revive the global economy. Man Group ...

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