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Market Update : 
Lonmin Pulls FTSE Lower
Author: Ivaylo Dagnev
123jump.com
Last Update: 9:40 AM EDT July 16 2007


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London fell for the first time in three days, led by Lonmin after the mining company announced it will delay the sale of as much as 90,000 ounces of platinum. Barclays led the advancers after Royal Bank of Scotland improved its offer for ABN Amro. In broker news, Royal Dutch Shell fell Monday as HSBC cut its rating on the stock. The benchmark FTSE 100 Index lost 0.3% at mid-day in London.

 
In Chicago, agriculture futures oscillated throughout the day. December corn gained 3.25 cents to $3.685 a bushel, while November soybeans advanced 7.25 cents a bushel to $9.4875.

Wheat futures closed down 0.75 cent to $6.2075.
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