News Formal

London stocks end lower on China data, job market jitters | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

LONDON, July 17 ― The FTSE 100 slipped from three-week highs yesterday as apprehension over the local job market and a drop in China's retail sales chipped away at hopes for a swift economic recovery from the coronavirus pandemic. The blue-chip FTSE 100 was down 0.7 per cent and the mid-cap FTSE...

People walk through the lobby of the London Stock Exchange in London. The blue-chip FTSE 100 was down 0.7 per cent and the mid-cap FTSE 250 was 0.6 per cent lower. ― Reuters pic

Ladbrokes owner GVC Holdings was among the worst performers on the FTSE 100 after it said long-time Chief Executive Kenny Alexander was retiring. “Nearly all of Hays’ territories have seen net fee income drop in the order of 30 per cent bar the US, which is a little better, and the UK and Ireland, which are markedly worse,” Russ Mould, investment director at AJ Bell wrote in a note to clients.

In other earnings news, Anglo American shed 1.2 per cent after posting an 18 per cent decline in overall second-quarter output. Global miner Rio Tinto traded flat ahead of its quarterly production results today.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

London stocks track declines in Asia; Ladbrokes owner slides | Malay MailLONDON, July 16 — The FTSE 100 slipped from three-week highs today as US-China tensions and the surge in global coronavirus infections weighed on sentiment, while Ladbrokes owner GVC tumbled after it said its long-time chief executive officer would step down. GVC Holdings fell 5.8 per cent to the...
Källa: malaymail - 🏆 1. / 86 Läs mer »