Ex-dividend trading trips FTSE 100; National Express tumbles | Malay Mail

The FTSE 100 has bounced from its March lows but has underperformed its US and European peers as data points to a much bigger hit to the UK economy from the health crisis. — Reuters pic

The bus company tumbled 12 per cent and was on track for its worst day in four months as it said it was bracing for more pressure on its finances over the next year. The mid-cap FTSE 250 was off 0.3 per cent after ending yesterday at a two-month high with investors betting on more fiscal and monetary stimulus to lift the world’s sixth-largest economy from a deep coronavirus-induced recession.

The FTSE 100 has bounced from its March lows but has underperformed its US and European peers as data points to a much bigger hit to the UK economy from the health crisis.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US inks US$1.5 billion deal with Moderna for 100 million doses of Covid-19 vaccine | Malay MailWASHINGTON, Aug 12 — The United States has entered an agreement with drugmaker Moderna Inc to acquire 100 million doses of its potential Covid-19 vaccine for around US$1.5 billion (RM6.3 billion), the company and White House said yesterday. The United States in recent weeks has made deals to...
Source: malaymail - 🏆 1. / 86 Read more »

PTPTN: National Education Savings Scheme records RM118.4m investment profit in 1H 2020 | Malay MailKUALA LUMPUR, Aug 13 — The National Education Savings Scheme (SSPN) recorded an investment profit of RM118.46 million for the first half of 2020, an increase of 19.66 per cent compared to RM99.00 million in the corresponding period of last year. According to the National Higher Education...
Source: malaymail - 🏆 1. / 86 Read more »