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AFX UK Focus 2007-01-12 12:37 GMT: London shares remain under pressure midday; miners slip back; Wall St seen flat Interactive Investor
LONDON (AFX) - UK blue chips remained under pressure at midday, reversing earlier gains, with a modest recovery in oil prices and a raft of positive comment broker failing to offset losses among mining stocks, while Wall Street is seen opening lower ahead of crucial economic data, dealers said.
London shares remain under pressure midday; miners slip back; Wall St seen flat Sharewatch
At 12.02 am, the FTSE 100 index was down 9.5 points at 6,222.6, having hit a session high of 6,247.6, while the broader indices were mixed. Volume was lower than average with 1.13 bln shares trading hands in 177,794 deals.
AFX UK Focus 2007-01-12 10:54 GMT: London shares slightly lower midmorning as miners retreat from earlier gains Interactive Investor
LONDON (AFX) - UK blue chips were down slightly midmorning, reversing an early rise, with the weak oil price weighing on heavyweights BP and Shell and miners losing earlier gains, although positive broker comment helped pull a raft of stocks higher, dealers said.
London shares slightly lower midmorning as miners retreat from earlier gains Sharewatch
At 10.19 am, the FTSE 100 index was down 7.2 points at 6,222.9, having hit a session high of 6,247.6, while the broader indices were mixed. Volume was lower then average with 679 mln shares trading hands in 101,259 deals.
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