UK Gambling Stocks Down
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As reported by the UK This is Money: "Gambling stocks took a spin on fears that the long-awaited reform to Britain's arcane gambling laws may not happen before the next General Election.
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London equities fell in opening trade on Monday, with shares in the London Stock Exchange sharply lower on confirmation of its plans to buy Borsa Italiana.
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Leading shares closed weaker for the fifth day out of the last six, with the heavyweight mining sector badly hurt, but a relatively mild fall on Wall Street helped ensure that the FTSE 100 finished well off session lows.
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Leading shares closed lower, around the worst levels of the day, as US indices traded mixed, a Next profit warning hit retailers and ex-dividend stocks weighed, dealers said.
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Shares in UK online gaming stocks lost more than half their value on Monday after U.S. Congress approved a bill to ban Internet gambling, with PartyGaming  plummeting 60 percent in early trade.
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UK shares have their worst drop in six months as Chinese stocks slump, spooking investors across Europe.
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Stocks fell yesterday as heavy withdrawals from the British bank Northern Rock reignited concern over the cost of credit and sent the Standard & Poorâs 500-stock index down for the first time in five days.
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Leading shares closed lower as Wall Street remained weaker after investors received mixed news on US housing data, with Tesco remaining down in the blue chips following disappointing first-quarter UK sales growth.
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London equities fell on Monday, but closed above session lows as steadier US trade helped settle nerves during another turbulent session around the world. The FTSE 100 closed down 0.9 per cent at 6,058.7 a fall of 57 points.
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UK leading shares closed weaker, albeit off day lows after a negative trading session.
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The FTSE 100 index closed lower again, weighed down by weakness across telecoms and media stocks, while early losses on Wall Street added to the market's woes in afternoon trade, dealers said.
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European equity markets fell on Monday as weakness in financial and mining stocks offset strength in drugmakers.
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European stock markets dropped in morning deals, with mining and metals stocks among the biggest decliners.
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Leading shares ended a volatile session lower, giving up earlier gains, as a slump in global commodity prices wreaked havoc amongst heavyweight oil and mining stocks.
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Share prices on the London Stock Exchange were lower at midday Thursday.
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Leading London shares closed lower Monday with Northern Rock plummeting 35 percent, Alliance &amp; Leicester down over 32 percent, and the US unable to offer much support ahead of the US Federal Reserve&#39;s decision on interest rates tomorrow.
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London markets eased back from early gains Thursday as banks fell on mixed investor reaction to low-cost airlines Ryanair and Easyjet and after an HBOS downgrade.