FTSE 100 drops 1.18 pct on BoE's decision
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E-mail Xinhua, September 11, 2015
FTSE 100 Index, Britain's benchmark stock market gauge, dropped by 1.18 percent, or 73.20 points, to 6155.81 on Thursday as the market reacted to the policy decision of Britain's central bank.
The Bank of England's Monetary Policy Committee (MPC) Thursday voted by a majority of 8-1 to maintain the benchmark interest rate, or Bank Rate, at 0.5 percent.
Most sectors of the London market closed lower Thursday, with Industrial Metals & Mining, Oil Equipment, Services & Distribution and Mining sectors leading the losers.
Commodities trader Glencore's share price slumped by 7.84 percent, topping the losers of the blue chips.
Share prices of BHP Billiton, Admiral Group, Standard Chartered and Anglo American dropped by 5.95 percent, 4.58 percent, 4.09 percent and 3.49 percent respectively.
Barratt Developments led the top gainers of the blue chips with a share price increase of 3.29 percent, followed by Ashtead Group (2.78 percent), Inmarsat (2.44 percent), Dixons Carphone (1.81 percent) and Taylor Wimpey (1.61 percent).
The trading volume in FTSE 100 companies was around eight percent less than its 30-day average. The index has lost 3.17 percent so far this year.
The broader FTSE All-Share Index lost 1.10 percent. Endit
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