Britain's Shares Erase Advances as Commodity Producers Plungeby
U.K. stocks fell, continuing their declines after three straight weeks of losses, their longest streak since January.
Anglo American Plc sank 14 percent, the most in two months, while Glencore Plc and Rio Tinto Group tumbled more than 7.9 percent after disappointing Chinese trade data. Those led the FTSE 100 Index down 0.2 percent at the close of trading in London, reversing a gain of as much as 0.9 percent.
Among companies rising, EasyJet Plc added 3.8 percent after RBC Capital recommended investors buy the stock. G4S Plc climbed 4.8 percent after reporting an increase in quarterly revenue. AstraZeneca Plc rebounded from a record streak of 10 daily losses.
The benchmark gauge for U.K. stocks, which has been among Europe’s best performers, remains down 2 percent for the year. The broader FTSE All-Share Index slipped 0.1 percent on Monday, while Ireland’s ISEQ Index climbed 1 percent.