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The equipment rental hire group has recently been hit by concerns about its exposure to the oil and gas sector, where companies have been cutting back investment as the crude price slides.
Overall the FTSE 100 has fallen 47.60 points to 6284.23, with the volatility in the rouble continuing to highlight the precarious state of the Russian economy as the oil price slides and sanctions bite.
One reason for the price slides was that export markets were shrinking since December 2000, when Japanese inspectors said that tests of shipments of American corn had detected StarLink, a genetically modified corn that is not approved for human consumption in the United States and is banned in Japan and some other nations.
Oil Price Slides As OPEC Raises Stakes For Oil Cut.
Earlier headlines Oil Price Slides As OPEC Raises Stakes For Oil Cut.
Similar(53)
The share price slid.
Its share price slid 2 1/2, to 7 3/4.
Meanwhile, Allianz's share price slid by 6%.
The oil price slid around 3 per cent on the announcement.
That forecast was made before the current price slide.
The company's share price slid 6.3percentto to $15.29.
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