When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
FTSE 100 goes down as miners dip
On Wednesday, British equities headed south, with mining shares acting as a drag on the blue-chip benchmark, though Reckitt Benckiser Group PLC soared after making a deal to sell its food business.
The FTSE 100 index UKX decreased 0.1% being worth 7,381.70, shrugging off a gain of 0.3% at the beginning of the trading session. Industrial shares and basic materials turned to be among sectors in the red. Meanwhile, consumer-related equities inched up. On Tuesday, the London benchmark concluded down by 0.2% after rather a choppy trading session.
Meanwhile, mining equities sagged alongside a sink in greenback-denominated prices for metals including platinum and gold. The dollar DXY gained 0.2%, Randgold Resources Ltd sank 1.2%, while copper producer Fresnillo PLCFRES tumbled 0.6%.
BHP Billiton Ltd. BLT slumped 1.1% after the company told it actually expects copper output to ascend by 25%-35% in 2017. The miner informed that its output has been held back due to a strike at the Escondida mine, Chile.
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Good morning, dear traders! Hope you’re doing great! Let’s talk about the news that is worth following today! Key market events: 15:30 MT, CAD GDP m/m 17:00 MT, GBP BOE Gov Bailey Speaks Oil is tensed again Oil rose as China refined its approach…