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London stocks retreat on mixed earnings, Sino-US tensions | Malay Mail

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JULY 24 — London-listed shares fell today as a batch of mixed quarterly earnings updates and souring US-China relations dulled optimism about a post-pandemic economic recovery, with education firm Pearson sliding after posting a first-half loss. Pearson tumbled 4.2 per cent to the bottom of the...

A man wearing a protective face mask walks past the London Stock Exchange Group building in London. ― Reuters pic

The blue-chip FTSE 100 was down 1.7 per cent and on course for its biggest weekly decline in six. Fewer than 10 stocks on the index were trading higher. “The big question remains: for how long can the bulls hold on to the driver’s seat,” said Charalambos Pissouros, market analyst at JFD Group.

 

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