Friday, June 22, 2007

U.K.'s FTSE 100 Index Drops for Fifth Day; National Grid, BHP Pace Retreat

(Bloomberg) -- U.K. stocks dropped, sending the
benchmark FTSE 100 Index lower for a fifth consecutive day.
National Grid Plc paced the retreat after Goldman, Sachs & Co.
recommended selling shares in the natural-gas pipeline operator.

BHP Billiton Ltd. led mining companies lower as copper
prices declined in Asia. Pearson Plc, Kingfisher Plc and Unilever
led advancing shares.


Read more at Bloomberg Stocks News

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