Lenders Send Britain's Stocks Lower, While Anglo American Jumpsby
Financial companies dragged lower U.K. stocks, halting a two-day advance.
Lloyds Banking Group Plc and Barclays Plc fell more than 2 percent, dragging the FTSE 100 Index down 0.8 percent at 11:55 a.m. in London. Ashtead Group Plc lost 6.4 percent, the most in the benchmark gauge, after U.S. peer United Rentals Inc. missed estimates. Centrica Plc dropped 4.9 percent after Societe Generale SA recommended selling the stock, while Anglo American Plc rallied 8.4 percent after saying copper production increased in the fourth quarter.
The FTSE 100 is extending its monthly decline to 4.8 percent, outperforming the regional Stoxx Europe 600 Index. The FTSE All-Share Index fell 0.7 percent on Thursday, and Ireland’s ISEQ Index slid 1.4 percent.