U.K. Stocks Decline as Investors Await EU Summit

U.K. stocks declined for the fifth day in six as European Union leaders prepared for a two-day summit beginning today to discuss actions to contain the region’s sovereign-debt crisis.

The benchmark FTSE 100 Index dropped 0.3 percent to 5,508.01 at 8:48 a.m. in London. Evraz Plc (EVR) fell 2.4 percent to 242.9 pence, the biggest loss among shares listed on the gauge.

To contact the reporter on this story: Srinivasan Sivabalan in London at ssivabalan@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.