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ABF Associated British Foods Plc

1,905.50
-7.50 (-0.39%)
14 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Associated British Foods Plc LSE:ABF London Ordinary Share GB0006731235 ORD 5 15/22P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.50 -0.39% 1,905.50 1,906.00 1,907.00 1,919.00 1,904.50 1,916.00 1,014,040 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Textile Goods, Nec 20.07B 1.46B 1.9867 9.60 14.01B

LONDON MARKETS: Miners, Retailers Drag FTSE 100 South

30/12/2013 5:24pm

Dow Jones News


Associated British Foods (LSE:ABF)
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By Barbara Kollmeyer, MarketWatch

MADRID (MarketWatch) -- U.K. stocks tracked the rest of Europe lower on Monday, as supermarket stocks proved a drag, but the main U.K. index was still set to finish the year around 14% higher.

The FTSE 100 index fell 0.3% on Monday to end at 6,731.27.

Retailers were the weak link on Monday, with Marks & Spencer Group PLC down 1.7%, J Sainsbury PLC off 1.9% and Wm Morrison Supermarkets PLC slipping 1.5%. Related decliners included Associated British Foods PLC , which fell 1%.

Trading volumes were low as investors wind down 2013, with many on vacation until after the new year. But investors should be careful with the big gains that have been made recently across all markets, said Craig Erlam, market analyst with Alpari, in a note.

"We should be a little careful [...] as these gains have come at a time when trading volumes have dropped significantly, owing to the festive period, which can sometimes be followed by sharp reversals as volumes pick up again," said Erlam.

Shares of Anglo American PLC rose 2.2%, outperforming the rest of the mining sector.

HSBC Holdings PLC fell 0.5%, while British American Tobacco PLC dropped 1%.

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