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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 100 movers: Utilities, miners in the red

(Sharecast News) - London's FTSE 100 was down 0.2% at 8,127.26 in afternoon trade on Monday. Utilities were under the cosh, with Severn Trent, SSE and United Utilities all lower.

Miners Glencore and Rio Tinto also lost ground as copper prices fell.

James Harte at Tickmill Group said: "Overnight, weaker-than-forecast Chinese industrial figures have added to bearish sentiment in the metal. Industrial production was seen sliding to 5.6% last month, down from 6.7% prior and below the 6.2% reading the market was looking for.

"A recent downturn in Chinese factory data has been a key driver of the weakness we've seen in copper prices recently. Fears of a developing slowdown in demand in China, the largest global copper consumer, has seen the futures market shedding around 15% recently."

FTSE 100 - Risers

St James's Place (STJ) 532.00p 2.31% B&M European Value Retail S.A. (DI) (BME) 473.10p 2.18% Entain (ENT) 669.60p 2.07% Legal & General Group (LGEN) 228.70p 1.78% Flutter Entertainment (DI) (FLTR) 14,075.00p 1.73% Beazley (BEZ) 663.50p 1.38% Intermediate Capital Group (ICG) 2,220.00p 1.28% Vodafone Group (VOD) 69.70p 1.07% Admiral Group (ADM) 2,576.00p 0.98% Barclays (BARC) 204.05p 0.92%

FTSE 100 - Fallers

Convatec Group (CTEC) 248.20p -2.21% Severn Trent (SVT) 2,422.00p -2.10% Melrose Industries (MRO) 588.60p -2.00% Tesco (TSCO) 305.60p -1.48% Glencore (GLEN) 448.10p -1.42% SSE (SSE) 1,742.00p -1.41% United Utilities Group (UU.) 1,023.00p -1.30% Croda International (CRDA) 4,074.00p -1.28% Rio Tinto (RIO) 5,157.00p -1.19% Land Securities Group (LAND) 615.00p -1.13%

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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