British shares drift lower as Royal Mail falls
Britain’s top equity index drifted lower on Tuesday as concerns about Greece and China kept investors on edge. |||
London – Britain’s top equity index drifted lower on Tuesday as concerns about Greece and China kept investors on edge, while a broker downgrade hit Royal Mail. The blue-chip FTSE 100 index fell 0.5 percent to 6,802.63 points in early trading, cutting its gains for 2015 to around 4 percent. Royal Mail declined by 3.1 percent – the worst performing FTSE stock in percentage terms – after investment bank JP Morgan cut its rating to “neutral” from …read more
Source: Independent Online
