Market Roundup
The FTSE 100 got off to a poor start on Monday, finishing the session down over 0.8%. Companies in the Mining sector were among the largest losers, as falling metals prices weighed on performance. Gold was particularly notable, with the precious metal’s price dropping 2.1% over the session. Other sectors lower on the day included food retailers Sainsburys, Morrison and Tesco, which were all out of favour as supermarket Lidl announced plans to double the number of stores in the UK. This came on the same day as broker downgrades to Tesco, with analysts questioning its longer term pricing strategy.
Full article – Week In Perspective – 6th December 2013 (PDF)
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