Monday, January 7, 2013

Reuters: Hot Stocks: Commods weakness sees FTSE 100 stall near 2-yr high

Reuters: Hot Stocks
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Commods weakness sees FTSE 100 stall near 2-yr high
Jan 7th 2013, 08:16

LONDON | Mon Jan 7, 2013 3:16am EST

LONDON Jan 7 (Reuters) - Britain's FTSE 100 edged lower early on Monday, stalling near a recent two-year high on the back of profit taking in commodity stocks.

London's blue chip index was down 11.56 points, or 0.2 percent, at 6,078.28. The index closed at its highest level since early Feb. 2011 on Friday.

Integrated oils and miners were the main drag on the index as investors banked recent gains, traders said. (Reporting by David Brett; editing by Simon Jessop)

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