Miners, Banks Lead Declines in Britain as Market Falls After ECBby
U.K. stocks fell for the third time this week, slipping the most in a month amid a plunge in miners and financial firms.
Anglo American Plc and BHP Billiton Ltd. dropped more than 3.6 percent, while Royal Bank of Scotland Group Plc and Standard Chartered Plc slid at least 4 percent. Ashtead Group Plc tumbled 7.9 percent as Deutsche Bank AG recommended selling shares of the building-equipment rental company.
The FTSE 100 Index dropped 1.8 percent, heading for its first weekly decline in four. The gauge has lost 3.3 percent this year, less than its regional peers. The FTSE All-Share Index and Ireland’s ISEQ Index also fell.
Among the 10 FTSE 100 shares that rose, Aviva Plc advanced 1.4 percent after disclosing its capital strength under new European Union rules for the first time and raising its dividend.