Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Monday 23 November 2015
The blue-chip index opened lower as traders looked to consolidate positions and opted to take profits following last week's heady gains.
“Women’s discount fashion retailer Bonmarché (LSE:BON) will be giving a warm welcome to the sudden cold snap,” says AJ Bell Investment Director Russ Mould.
“First half like-for-like sales were up but trading conditions have been challenging due to the very mild and wet weather. The group is on track to meet its full-year forecasts, provided trading conditions normalise.
“Playtech’s (LSE:PTEC) shares tumbled after it was forced to drop its proposed £460m takeover of Plus500 (LSE:PLUS) following concerns raised by the Financial Conduct Authority. Playtech has no immediate plans about its 9.9% stake in Plus500.
“Heavyweight miners were among the biggest fallers on the FTSE100 in early trading with Glencore (LSE:GLEN), Anglo American (LSE:AAL), Antofagasta (LSE:ANTO) and BHP Billiton (LSE:BLT) all near the foot of the index."
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