FTSE 100 ends lower after volatile day
Wednesday 11th March 2009, 5:46PM GMT.
The FTSE 100 ended 21.42 points down at 3,693.81, after a volatile day of trading.
Legal & General shares rose the most on the index, closing 8.24 per cent higher, while Aviva jumped 8.21 per cent.
Mining firms also helped support the index, with Xstrata up 7.12 per cent and Anglo American rising 5.93 per cent.
However, the index was dragged down by utilities and energy stocks, as oil prices fell.
Tullow Oil was down 6.71 per cent, while Centrica dropped six per cent and Cairn Energy was trading 3.96 per cent lower.
Meanwhile, the London Stock Exchange will drop out of the FTSE 100 in the upcoming quarterly reshuffle after a slump in shares.
The other four companies to be ejected from the UK’s blue-chip index are private equity firm 3i Group, sugar producer Tate & Lyle, transport firm FirstGroup and plumbing supplier Wolseley.
Silver miner Fresnillo, platinum miner Lonmin and oil firm Petrofac will replace them on the index.
Shropshire Star on Twitter
Keep updated with the latest breaking news and content on our Twitter feed.
Lifestyle
Interactive Dining Out map
Hundreds of reviews by the Shropshire Star and Express & Star's teams to help you decide where to eat.
Entertainment
All the film reviews
Before you plan a trip to the pictures, get our critics' verdicts on all the latest movie releases.
OUR NEW APP
Get the new Shropshire Star app
Download the Shropshire Star’s new app to your iPad or iPhone to get one week of access to our digital newspapers absolutely FREE.
shropshirestar.com
Popular sections
Useful links
