FTSE 100 down 0.5, FTMC down 0.3
Ashtead falls on profit warning and proposal to move listing to New York from London
NCC Group declines after company swings to FY loss

Dec 10 Reuters The UK39;s benchmark FTSE 100 fell on Tuesday as mining shares slipped, while Ashtead dropped after it warned of lowerthanexpected annual profit and proposed to move its primary listing to New York from London.

The bluechip FTSE 100 fell 0.5, while the midcap FTSE 250 was down 0.3 at 0930 GMT.

Shares of miners Glencore, Antofagasta and Anglo American fell between 1.8 and 2.3 as copper prices slipped against a firm U.S. dollar, while dismal trade numbers from top consumer China also weighed on the red metal.

The metal prices had rallied in the previous session on China39;s future move toward a moderately loose monetary policy for the first time since 2010.

Precious metal miners led the sectoral losses and fell 2.2.

Among top losers, Ashtead39;s shares fell 9.8 after the equipment rental firm said it was proposing to move its primary listing to New York from London and also warned of lower annual profit due to a weak commercial construction market in the United States.

Ashtead joins a growing list of companies that are moving away from European listings in favour of U.S. markets, where valuations could be higher.

Separately, NCC Group dropped 17.5 to the bottom of the midcap index after the cyber security firm swung to an annual operating loss.

FirstGroup was a bright spot, rising…