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UK shares end lower amid downbeat global trading
Miners weigh (Il Sole 24 Ore Radiocor) - London, 04 Jun - UK shares closed slightly lower amid rising growth concerns following recently disappointing data from the US.
Oil firms were lower as an effect.
BP and Shell dropped 3.74% at 463.20 pence and 2.21% at 2,721.00 pence, respectively.
Precious metals miners were also lower, with Fresnillo losing 7.22% at 572.00 pence and Anglo American closed 4.16% lower at 2,399.00 pence.
Antofagasta dipped 3.34% at 2,141.00 pence.
Utilities and consumers staple stocks were moderately higher as investors shunned away from riskier assets.
On the data front, in May, total retail sales in the UK rose 0.7% compared with the same year-earlier period when they increased 3.9%, according to the latest survey released by the British Retail Confederation (BRC) and consultancy KPMG.
This was higher than the three-month average growth of 0.3% and lower the 12-month average rise of 2.0%.
The London FTSE 100 closed down 0.35% at 8,233.46 points.
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(RADIOCOR) 04-06-24 18:18:54 (0604) 5 NNNN