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Name | Symbol | Market | Type |
---|---|---|---|
Rio Tinto Plc | NYSE:RIO | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.26 | -1.82% | 67.7514 | 68.80 | 67.77 | 68.70 | 3,281,534 | 22:39:26 |
By Carla Mozee, MarketWatch
LONDON (MarketWatch) -- Mining stocks dropped in London on Monday, keying off worries about major market China, where worries about economic growth were joined by concerns about mass political protests in Hong Kong.
Shares of iron-ore producers Anglo American Rio Tinto (RIO) each fell 1.7%, leading losses on the FTSE 100. Rival BHP Billiton (BHP) dropped 1.5%, also among the mining stocks that struggled.
Overnight, Hong Kong stocks tumbled 1.8% as the territory dealt with its most serious confrontation with Beijing in more than a decade. Police used pepper spray and tear gas to disperse pro-democracy protesters.
Banks, including HSBC PLC and Standard Chartered PLC, closed branches in affected areas. HSBC shares in London lost 1.6%, and Standard Chartered stock slumped 1.9%.
The FTSE 100 was off 0.5% at 6,6617.67.
On the FTSE 250 index , shares of Balfour Beatty sank 20% after the engineering and construction company issued a profit warning.
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