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LONDON MARKETS: FTSE 100 Breaks 3-day Winning Streak; Miners Fall

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- The U.K.'s FTSE 100 index declined on Tuesday as investors paused for breath after a three-day rally, with resource firms and banks leading the charge south. The FTSE 100 index lost 0.6% to 6,680.78, erasing a 0.5% gain from Monday. Shares of Intertek Group PLC gave up 4.2% after the product-testing and certification company said it will buy Architectural Testing Inc. for $95 million. Aberdeen Asset Management PLC slipped 2.6% after surging 15% on Monday, when Lloyds Banking Group PLC (LYG) said it is selling its asset-management business Scottish Widows Investment Partnership Group Ltd. to the U.K. investment manager. Among sectors on the move, miners were on the decline as metals prices traded mixed. Shares of Anglo American PLC dropped 1.8%, Rio Tinto PLC (RIO) gave up 1.5%, Glencore Xstrata PLC (GLCNF) slipped 1.3%, and BHP Billiton PLC (BHP) fell 1.2%. Oil firms were also among the losers, tracking oil prices lower. BG Group PLC erased 1.2%, BP PLC (BP) lost 0.7%, and Royal Dutch Shell PLC (RDSB) eased 0.6%. Banks were lower after being among the risers on Monday. Shares of Standard Chartered PLC dropped 1.6%, Lloyds Banking Group PLC (LYG) gave up 1.4%, and sector heavyweight HSBC Holdings PLC (HSBC) slipped 0.5%. Bucking the negative trend in London, shares of EasyJet PLC jumped 6.4% after the budget airliner posted a 51% rise in fiscal 2013 pretax profit, driven by a 11% increase in revenue. It warned, however, that the situation in Egypt, coupled with a later Easter next year, would reduce fiscal first-half revenue per seat. Outside the major index in London, shares of Thomas Cook Group PLC climbed 3.6% after the travel agent said it sold the majority of its interests in The Airline Group Ltd., a shareholder in U.K. Air Traffic controller NATS Holdings Ltd., for 38 million pounds ($61.20 million) in cash. Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
10/16/201410:55:48LONDON MARKETS: FTSE 100 Drops Into Correction; Shire Losses...
10/14/201418:07:55ADR Shares End Mixed; Oil-Related Shares Decline
10/09/201418:22:12ADR Shares End Lower; Royal Dutch Shell, Total Shares Trade Actively
10/03/201412:14:58China Aviation Oil Has $500 Million War Chest for Asset Buys
10/03/201410:14:31China Aviation Oil Has $500 Million War Chest for Asset Buys-CEO
10/03/201404:45:36Cape PLC Secures Project with BP
09/24/201422:50:13Judge Rules Businesses Don't Have to Return BP Payouts
09/24/201422:41:30Businesses Don't Have to Return BP Gulf Spill Payouts, Judge...
09/24/201404:10:20Singapore's Pavilion Energy Signs Deal to Buy U.S. Natural Gas
09/16/201400:42:57U.K. Companies Donate Little to Camps in Scottish Independence...
09/16/201400:36:50LONDON MARKETS: Oil Firms Pull FTSE 100 Lower; SABMiller Jumps
09/10/201418:41:02U.S Readies New Energy Sanctions on Russia -- Update
09/09/201406:03:48LONDON MARKETS: FTSE 100 Falls For Third Straight Day
09/09/201402:25:11Technip Gets Offshore Contract in Trinidad and Tobago
09/05/201413:22:11EUROPE MARKETS: Europe Stocks Hold To Losses After Ukraine Cease-fire...
09/05/201413:14:08EUROPE MARKETS: BP Gains, LSE Limps: European Share Movers
09/05/201412:49:15LONDON MARKETS: BP Outperforms, RBS Drops In London Trade
09/05/201409:49:05U.S. Hot Stocks: Hot Stocks to Watch
09/05/201408:37:04EUROPE MARKETS: BP Shares Gain, LSE Limps: European Share Moves
09/05/201404:15:09LONDON MARKETS: Metals Stocks Fall In London, But Weekly Rise...

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