10 March 2021 | 11:58am
StockMarketWire.com - Weakness in the mining sector amid slumping iron ore prices saw the FTSE 100 underperform other European markets on Wednesday. By midday the index was down 0.3% to 6,710.18.
BHP fell 3.3% to £21.28 and Rio Tinto fell 3% to £56.45.
In corporate news, insurance group Legal & General shed 0.4% to 280.9p, having reported a 15% fall in annual profit driven by pandemic-related claims.
Legal & General held its dividend steady at 17.57p per share.
Food delivery service Just Eat Takeway gained 4.1% to £71.22 as it posted a deeper annual loss of €147 million after a rise in revenue was offset by higher spending.
On a positive note, Just Eat forecast a further acceleration in order growth in 2021 amid high demand for deliveries during the pandemic.