London stocks slip from near two-week highs as Covid-19 fears weigh | Malay Mail

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LONDON, July 8 ― UK shares slipped from near two-week highs yesterday as a surge in US coronavirus cases turned investors away from riskier trades, while Halfords tumbled after a bleak profit expectation. The motor and cycling products retailer plunged 14.1 per cent and posted its worst day in...

Wednesday, 08 Jul 2020 08:15 AM MYT

The motor and cycling products retailer plunged 14.1 per cent and posted its worst day in more than three months as it expects a profit scenario ranging from zero to a pretax loss of £10 million . “Investors are getting back to the reality of rising coronavirus cases, which is causing some caution and fear to be back following yesterday's rally,” said David Madden, analyst at CMC Markets in London.

 

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