Market round-up: Forthcoming Bank of England rate rise bogs down FTSE 100
The FTSE 100 trended downward on 17 July following approval in Greek parliament of a bailout deal and talk from the Bank of England of a coming interest rate rise.
"The UK's headline index is off by around 16 points heading into the weekend, even after the German parliament's vote in favour of the latest Greek package, which gives grounds for hope that the umpteenth round of the eurozone debt crisis is drawing to a close," said AJ Bell investment director Russ Mould.
The market closed at 6,775.08, down -0.31% from the small gains it made the day before.
"On the domestic front, Royal Mail slipped lower, after industry regulator Ofcom announced plans to review competition in the letters and parcels markets," said Mould, "while the surprise departure of general Mmrchandising head John Dixon dragged Marks and Spencer lower, as the retailer fights to regain momentum in the all-important clothing market."
FTSE 100 biggest risers
- easyJet Plc +30.00 (+1.80%) 1,698.00
- International Consolidated Airlines Group SA +9.00 (+1.61%) 567.00
- TUI AG +16.00 (+1.47%) 1,102.00
- Sports Direct Intl Plc +10.50 (+1.43%) 747.00
- Hikma Pharmaceuticals +27.00 (+1.29%) 2,128.00
FTSE 100 biggest fallers
- Royal Mail Plc -18.50 (-3.51%) 508.50
- Randgold Resources -82.00 (-2.01%) 4,004.00
- Fresnillo -10.50 (-1.57%) 658.00
- Anglo American -12.90 (-1.45%) 877.40
- Persimmon Plc -28.00 (-1.40%) 1,978.00
FTSE AIM 100 biggest risers
- Sinclair IS Pharma Plc +3.25 (+7.78%) 45.00
- Numis Corporation +8.00 (+3.24%) 254.75
- Dart Group Plc +13.75 (+3.21%) 441.50
- Rockhopper Exploration Plc +1.75 (+2.68%) 67.00
- Boohoo.com +0.75 (+2.65%) 29.00
FTSE AIM 100 biggest fallers
- Petroceltic International Plc -4.75 (-5.46%) 82.25
- Velocys Plc -4.25 (-4.75%) 85.25
- Falkland Oil and Gas -1.00 (-3.57%) 27.00
- RM2 International SA -2.00 (-2.96%) 65.50
- Ithaca Energy Inc -1.25 (-2.78%) 43.75
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