London stocks slip as BoE slows bond purchases; AstraZeneca weighs | Malay Mail

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LONDON, June 19 ― UK shares fell yesterday after the Bank of England's slowed the pace of its huge bond-buying programme, while a surge in coronavirus cases in the United States and China fanned fears of a second wave of infections. The blue-chip FTSE 100 was down 0.5 per cent following its...

The blue-chip FTSE 100 was down 0.5 per cent following its strongest two-day percentage gain in two weeks on Wednesday. — Reuters pic

The blue-chip FTSE 100 was down 0.5 per cent following its strongest two-day percentage gain in two weeks on Wednesday. AstraZeneca weighed the most, down 2.2 per cent. The European Commission is in advanced deal talks with Johnson & Johnson on its Covid-19 vaccine under development, sources told Reuters.

The mid-cap FTSE 250 fell 0.4 per cent, with real estate , consumer stocks and mining and metal stocks leading declines.

 

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