The UK’s main stock market indexes slumped on Thursday, mirroring a sharp sell-off in worLd equities, as investors dumped risky assets after Russia launched an all-out invasion of Ukraine.Losses on the commodity-heavy FTSE 100 were smaller than its European peers XX:SXXP
... The UK’s main stock market indexes slumped on Thursday, mirroring a sharp sell-off in worLd equities, as investors dumped risky assets after Russia launched an all-out invasion of Ukraine.Losses on the commodity-heavy FTSE 100 were smaller than its European peers SXXP Russia-exposed miners such as EVRAZ EVR and Petropavlovsk POG plummeted between 16.6% and 43.5%, while London-listed depository shares of Russian bank Sberbank Rossii SBER plunged 75.3%.
The FTSE 100 has outperformed European indexes so far this year after underperforming for five years, helped by a jump in commodity stocks due to geopolitical tensions and strength in financial shares as central banks raise interest rates to combat inflation in the wake of the coronavirus pandemic.
It’s all good… Brandon will take putin out back and make him swearhewassunofagun and more!