Wednesday, 25 July 2007

FTSE 100 Benchmark Index Drops, Paced by Rio Tinto; Punch Taverns Declines

(Bloomberg) -- The U.K. FTSE 100 Index dropped to a
two month low, paced by Rio Tinto Group and Antofagasta Plc as
copper prices retreated in New York.

Punch Taverns Plc led pub companies lower after Goldman,
Sachs & Co. removed the pub owner from its ``conviction buy''
list. Shares of British Energy Plc tumbled.


Read more at Bloomberg Stocks News

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