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FTSE snaps three-day rally after miner weakness

By Alistair Smout LONDON (Reuters) - The FTSE 100 fell on Friday after a three-day rally, as investors backed away from riskier sectors and U.S. GDP figures came in below expectations. Material and energy stocks, which are sensitive to optimism over the global economic outlook, took 26 points off the FTSE 100, dragging the index into negative territory.

European equities follow Asian stocks lower

European stock markets fell on Wednesday, mirroring earlier losses in Asia, as traders cashed in recent gains and chewed over mixed eurozone inflation figures. London's FTSE 100 index of leading companies dropped 0.89 percent to 6,452.40 points in afternoon trading. Elsewhere, Frankfurt's DAX 30 shed 0.21 percent to 7,949.40 points and in Paris the CAC 40 lost 0.32 percent to 3,827.54. In foreign exchange activity, the euro slid to $1.2941 from $1.3035 late on Tuesday in New York. Gold prices decreased to $1,591.50 an ounce on the London Bullion Market from $1,594.

European equities drop after Asia losses

European stock markets fell on Wednesday, mirroring earlier losses in Asia, as traders cashed in recent gains and absorbed diverging eurozone inflation data. London's FTSE 100 index of leading companies dropped 0.87 percent to 6,453.90 points in late morning deals in the British capital. Elsewhere, Frankfurt's DAX 30 shed 0.11 percent to 7,957.03 points and in Paris the CAC 40 lost 0.42 percent to 3,823.70.

Britain's FTSE dips in early deals as ex-divs weigh

LONDON, Feb 20 (Reuters) - Britain's leading blue-chip index fell in early trade on Wednesday, as a number of heavyweight firms traded ex-dividend, taking the FTSE back from the 5-year highs hit in the previous session. Ex-dividend factors took around 8 points off the index, enough to take it into negative territory, as Barclays, Carnival, GlaxoSmithKline and Reckitt Benckiser all traded without entitlement to their latest payout. Barclays, GSK and Reckitt were three of the top four fallers on the index in early trade.
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