FTSE dips into the red

House price gloom outweighed gains for energy stocks as the London market dipped into the red today.

Thu, 29 May, 2008 - 19:03

House price gloom outweighed gains for energy stocks as the London market dipped into the red today.

Retailers, housebuilders and banks were all well into negative territory as investors fretted over the latest survey from Nationwide that showed a record 2.5% fall in house prices during May.

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CourtsBusinessHeathrowPlace: LondonPlace: USOrganisation: FTSEOrganisation: NationwideOrganisation: FootsieOrganisation: Charles ChurchOrganisation: PersimmonOrganisation: Taylor WimpeyOrganisation: Bovis HomesOrganisation: WolseleyOrganisation: B&QOrganisation: KingfisherOrganisation: ArgosOrganisation: HomebaseOrganisation: Home Retail GroupOrganisation: Royal Bank of ScotlandOrganisation: Halifax Bank of ScotlandOrganisation: Cairn EnergyOrganisation: Tullow OilOrganisation: CairnOrganisation: TullowOrganisation: ShellOrganisation: Scottish & Southern EnergyOrganisation: Man GroupOrganisation: Eurasian Natural ResourcesOrganisation: Credit SuisseOrganisation: Old MutualOrganisation: HBOS
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