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Lloyds, Stan Chart weigh on FTSE 100 amid global stocks rout; AstraZeneca gains | Malay Mail

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LONDON, July 31 ― Gloomy quarterly results from banks and a clutch of other firms saw the FTSE 100 post its worst session in five weeks yesterday, while uncertainty about US elections and a collapse in economic growth in the world's largest economy also weighed. Global sentiment took a hit as a...

Friday, 31 Jul 2020 08:41 AM MYT

Global sentiment took a hit as a 32.9 per cent plunge in US second quarter economic growth, albeit lesser than expected, and a tweet from US President Donald Trump about possibly delaying November elections unnerved markets. Standard Chartered tumbled 6.2 per cent as the lender posted a 33 per cent slump in first-half profit after a six-fold jump in credit impairment charges.

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