This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/business-29548550

The article has changed 6 times. There is an RSS feed of changes available.

Version 1 Version 2
FTSE 100 rally runs out of steam FTSE 100 rally runs out of steam
(about 5 hours later)
(Noon): The London market failed to hang on to early gains, despite a strong performance from mining shares. (Close): The London market failed to hang on to early gains, despite the strong performance of mining shares.
UK shares had made a strong start to the day, tracking gains elsewhere, after the US Federal Reserve indicated it was in no hurry to raise rates. Weak German export data reignited fears about the slowdown in the eurozone economy, while Chancellor George Osborne warned that the UK was not immune from events on the continent.
However, after rising 0.8% in early trade, by midday the FTSE 100 index was up just 2.27 points at 6,484.51. The FTSE 100 closed the day down 50.39 points, or 0.8%, at 6,431.85.
Mining firms were enjoying a strong day, boosted by a rise in the prices of metals. B&Q owner Kingfisher led the way down, falling 5%, followed by housebuilder Persimmon, down 3.5%.
Randgold Resources was the top riser on the FTSE 100, up 7.4% after being helped by Numis raising its rating on the stock to "buy". Firms associated with travel continued to suffer as worries over the potential impact of the Ebola virus continued. Shares in British Airways owner IAG fell a further 3%.
Royal Mail shares rose 1.1% after the firm said it had reached a settlement with French competition authorities. Shares in Vodafone fell 3.4% after Nomura cut its rating on the company to "reduce" from "neutral", while in the FTSE 250 shares in N Brown sank more than 13% after the catalogue retailer issued a profit warning.
On the upside, mining firms enjoyed a strong day, boosted by a rise in the prices of metals.
Fresnillo and Randgold Resources were up more than 6%.
Royal Mail shares rose 1% after the firm said it had reached a settlement with French competition authorities.
In July, Royal Mail said it had been informed that one of its businesses in France might have broken competition laws. Royal Mail has now set aside £18m to cover the settlement.In July, Royal Mail said it had been informed that one of its businesses in France might have broken competition laws. Royal Mail has now set aside £18m to cover the settlement.
Firms associated with travel continued to suffer as worries over the potential impact of the Ebola virus continued. Shares in British Airways owner IAG fell a further 1.6%.
Shares in Vodafone fell 1.9% after Nomura cut its rating on the company to "reduce" from "neutral".
In the FTSE 250, shares in catalogue retailer N Brown sank nearly 13% after it issued a profit warning.
The firm said the recent mild weather had hit demand for winter clothes. It now expects full-year profits of between £88m and £92m, compared with analysts' estimates of £103m.The firm said the recent mild weather had hit demand for winter clothes. It now expects full-year profits of between £88m and £92m, compared with analysts' estimates of £103m.
On the currency markets, the pound rose 0.30% against the dollar to $1.6215 and was 0.06% higher against the euro at €1.2704. On the currency markets, the pound was down half a cent against the dollar at $1.6115, and was one-tenth of a cent higher against the euro at €1.2712.