Utilities out of favour on FTSE

London’s leading shares lost sight of gains notched up in a New Year rally today as miners and utilities fell out of favour.

Utilities out of favour on FTSE
Thu, 05 Jan, 2006 - 17:42

London’s leading shares lost sight of gains notched up in a New Year rally today as miners and utilities fell out of favour.

Mining stock Kazakhmys led the decline after copper prices retreated from record highs, and it was followed into negative territory by a string of rivals.

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CourtsBusinessHeathrowPlace: LondonPlace: United StatesPerson: James CrosbyEvent: New YearEvent: ChristmasOrganisation: FTSE LondonOrganisation: Rio TintoOrganisation: Yorkshire WaterOrganisation: KeldaOrganisation: United UtilitiesOrganisation: Severn TrentOrganisation: FootsieOrganisation: Halifax Bank of ScotlandOrganisation: HBOSOrganisation: Deutsche BankOrganisation: AmvescapOrganisation: Man GroupOrganisation: Marks & SpencerOrganisation: RedrowOrganisation: BellwayOrganisation: Barratt DevelopmentsOrganisation: MajesticOrganisation: Yell GroupOrganisation: BSkyB
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