Miners, energy shares drag FTSE 100 lower
FTSE 100 down 0.4%, FTSE 250 off 0.2%
Copper miners hit over three-month low
Compass Group raises profit and revenue forecasts; shares gain
Updated at 1550 GMT
By Purvi Agarwal and Roshan Abraham
July 23 (Reuters) -Britain's FTSE 100 closed lower on Tuesday, pressured by commodity-linked stocks which tracked declines in prices of oil and copper, while positive earning updates from companies helped offset declines.
The blue-chip FTSE 100 index .FTSE was down 0.4%, after logging its best session in over a week on Monday. The mid-cap FTSE 250 .FTMC was down 0.2%.
Industrial metal miners .FTNMX551020 fell 1.9%, with heavyweights like Rio Tinto RIO.L and Glencore GLEN.L slipped over 1.5% and 2.2% each as concerns of weak Chinese demand weighed on prices of copper. MET/L
The sector hit its lowest level since early April.
Automobile and parts stocks .FTNMX401010 led the declines, falling 2.6%, with Dowlais Group DWL.L, TI Fluid Systems TIFS.L and Aston Martin AML.L falling between 0.9% and 3.9%, after German automaker Porsche AG P911_p.DE cut its sales and profitability outlook.
Energy shares .FTNMX601010 and precious metal miners .FTNMX551030 also slipped 1.6% and 0.4%, respectively.
In the U.S., focus will be on quarterly earnings of Wall Street giants like Alphabet GOOGL.O and Tesla TSLA.O, reporting after the closing bell later in the day.
Vice President Kamala Harris was set to campaign in the critical state of Wisconsin for the first time, after securing enough Democratic delegate support to clear a path to the nomination, ahead of Nov. 3 elections.
Among stocks, SThree Plc STEMS.L jumped 1.1% after announcing its half-yearly results.
Compass CPG.L gained 4.5% after the catering group raised its 2024 profit and revenue forecasts for the second time this year despite easing prices.
Rolls-Royce RR.L climbed 3.8% as it is developing a smaller version of its Ultrafan engine demonstrator aimed at exploring technology for the next generation of narrow-body jets, CEO Tufan Erginbilgic said on Tuesday.
Beazley BEZG.L rose 1.8% after the insurer said it had no plans to alter its guidance in the wake of Friday's global IT glitch.
Reporting by Purvi Agarwal and Roshan Abraham in Bengaluru; Editing by Sonia Cheema, William Maclean
For related prices, Reuters users may click on - * UK stock report .L FTSE index: 0#.FTS6 techMARK 100 index: .FTT1X FTSE futures: 0#FFI: Gilt futures: 0#FLG: Smallcap index: .FTSC FTSE 250 index: .FTMC FTSE 350 index: .FTLC Market digest: .AD.L Top 10 by vol: .AV.L Top price gainers: .NG.L Top % gainers: .PG.L Top price losers: .NL.L Top % losers: .PL.L * For related news, click on - * UK hot stocks: HOT and GB Wall Street: .N Gilts report: GB/ Euro bond report GVD/EUR Pan European stock report: .EU Tokyo stocks: .T HK stocks: .HK Sterling report: GBP/ Dollar report: USD/ * For company prices, click on - * Company directory: UKEQ By sector: FTAX * For pan-European market data, click on - * European Equities speed guide................ EUR/EQUITY FTSE Eurotop 300 index........................... .FTEU3 DJ STOXX index................................... .STOXX Top 10 STOXX sectors........................ .PGL.STOXXS Top 10 EUROSTOXX sectors................... .PGL.STOXXES Top 10 Eurotop 300 sectors.................. .PGL.FTEU3S Top 25 European pct gainers.................... .PG.PEUR Top 25 European pct losers..................... .PL.PEUR
Mga Kaugnay na Asset
Pinakabagong Balita
Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.
Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.
Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.
