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Markets

LSE Volume: 63 M
Avg Vol: 3,260 M -98%
Fallers
27
Unchanged 1
Risers
24

FTSE falls on miners, financials as Wall St softens

The FTSE remained southbound late today with miners, financial and retail-related stocks suffering as Wall St got off to a lacklustre start following worse-than-expected US housing data.

Primark profit growth offsets sugar woes at AB Foods

Food ingredients to fashion group Associated British Foods said revenue in H1 fell 2% and adjusted operating profit rose 1%. Revenue in the food businesses was lower, because of commodity deflation, particularly sugar.

Iofina warns

Iofina anticipates that production of crystallised iodine will be around 400 metric tonnes this year - a significant increase over 2013 but materially below current market expectations.

Oil & Gas Roundup

Iofina's (LON:IOF) shares plunged after it warned that production of crystallised iodine will be around 400 metric tonnes this year - a significant increase over 2013 but materially below current market expectations.

Mining Roundup

Landore Resources' (LON:LND) shares jumped after it revealed that new potential nickel sulphide mineralisation zones had been identified on the Junior Lake nickel-copper property in Ontario, Canada.