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London stock market witnesses slight decline |
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10:55, March 29, 2008 |
The London stock market remained in negative territory during lunchtime trade with housebuilding shares falling after a gloomy housing survey from Nationwide.
By 1203 GMT, the FTSE 100 index was down 14.4 points at 5703.1.
Housebuilder Persimmon fell 6 percent after Nationwide said house prices had fallen for five months in a row.
Shares in Enterprise Inns jumped 10 percent after it said it expected to be able to convert into a real estate investment trust.
British Airways shares fell 3.4 percent as problems at its new terminal at Heathrow continued into a second day, leading to more cancelled flights.
Source: Xinhua
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