FTSE 100 this morning opened flat
Trading Floor News March 12, 2013 3:50 PM
<p>The FTSE 100 this morning opened flat after data showed manufacturing output came out worse than expected once again in January, it fell by 1.5% […]</p>
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- The FTSE 100 this morning opened flat after data showed manufacturing output came out worse than expected once again in January, it fell by 1.5% so far following a 1.7% from December, although some UK shares did keep on top, Antofagasta was up 4.2% after it revealed plans to more than doubling its dividend pay-out for last year, much more than expected bringing it to top of the leader board.
- On the downside British land fell 3% after the property company said it was planning to raise £500 million to help acquisitions and over to the banking sector Lloyds led them higher as they reduced 20% of its stake in St. James’s place wealth management business giving the bank a net gain of £400m.
- The Main focus on Thursday will be on seeing how the markets react to the European Union leaders meeting to discuss the bailout for Cyprus and the nation’s debt sustainability.
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