FTSE 100 shares slide as winning streak ends
Stocks in London slid on Tuesday after eleven consecutive days of gains as investors were cowed by mixed earnings from major multinationals Deutsche Bank, BP and EADS.
The FTSE 100 index of leading shares shed 1.25 percent to 4,588.48 points.
Lloyds Banking Group (LBG) was the most widely traded stock, seeing 147 million units change hands, followed by Vodafone, which saw 116 million shares switch owners.
Software publishing company Sage Group was the biggest blue chip riser, up 6.3 pence -- or 3.4 percent -- to finish at 191.7, followed by property firm Land Securities, which gained 11.5 pence -- or 2.35 percent -- to stand at 500.5.
The biggest casualty was gold miner Randgold Resources, which plunged 349 pence -- or 8.65 percent -- to finish at 3685, followed by fellow miner Eurasian Natural Resources, which lost 59 pence -- or 6.85 percent -- to end at 802.5.
Elsewhere, the pound ended down against the dollar but slightly higher against the euro.
Sterling was worth 1.6415 US dollars at 15:58 BST, down from 1.6486 at Monday's close, while it climbed to 1.1598 euros from 1.1582 over the same period.
Copyright 2009  AFP European Edition
