London's FTSE 100 dragged lower by Barclays

Kitco Media
By Reuters
Published:
Updated:
Reuters
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window)
*


FTSE 100 down 0.4%, FTSE 250 off 0.1%


Feb 15 (Reuters) - UK's export-oriented FTSE 100 edged lower on Wednesday, as Barclays tanked after reporting a fall in yearly profit, although losses were limited by a drop in the sterling after data showed domestic inflation eased more than expected. The blue-chip FTSE 100 , fresh off a record high in the previous session, lost 0.4% by 0816 GMT, with Barclays sliding 7.6% to the bottom of the index after reporting a 14% fall in annual profits. The pound edged lower after data showed British consumer price inflation fell more than expected in January and there were also drops in underlying measures of inflation that are being closely watched by the Bank of England. The more domestically-focussed FTSE 250 midcap index was subdued, edging 0.1% lower. On the upside, Hargreaves Lansdown gained 4.4% after the investment platform reported a 31% jump in its half-year profit before tax. (Reporting by Shashwat Chauhan in Bengaluru; Editing by Savio D'Souza)


UK hot stocks: and Wall Street: Gilts report: Euro bond report Pan European stock report: Tokyo stocks: HK stocks: Sterling report: Dollar report:
* For company prices, click on -
* Company directory: By sector:
* For pan-European market data, click on -
* European Equities speed guide................ FTSE Eurotop 300 index........................... DJ STOXX index................................... Top 10 STOXX sectors........................ Top 10 EUROSTOXX sectors................... Top 10 Eurotop 300 sectors.................. Top 25 European pct gainers.................... Top 25 European pct losers..................... ))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.