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POFCY Petrofac Ltd (PK)

0.0958
-0.0032 (-3.23%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Petrofac Ltd (PK) USOTC:POFCY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0032 -3.23% 0.0958 0.0913 0.1113 0.101 0.082 0.101 795,562 21:14:28

LONDON MARKETS: FTSE 100 Drops, Facing Worst Week In More Than 2 Years

12/12/2014 8:57am

Dow Jones News


Petrofac (PK) (USOTC:POFCY)
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By Carla Mozee, MarketWatch

LONDON (MarketWatch) -- U.K. stocks pulled back Friday, in broad-based losses that were pushing the FTSE 100 benchmark toward its worst weekly drop in more than two years.

The FTSE 100 fell 1.2% to 6,385.48, on track for a fifth consecutive decline, to round off a week when oil prices tumbled to five-year lows and investors continued to fret about slower global growth. The London benchmark is set to be down 5.4%, which would be the largest weekly drop since March 2012, according to FactSet.

Only six of the benchmark's components were moving higher, topped by utility companies United Utilities PLC and Severn Trent PLC as they rose 3.8% and 3.5%, respectively.

Home builder Persimmon PLC fell 3.8%, losing the most on the FTSE 100. Sector-wise, the basic materials and oil and gas groups were each down roughly 1.6%. Miner Randgold Resources PLC gave up 2.1%, and oil-services provider Petrofac Ltd. fell 3.4%.

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