“We think the structure here is very different, but the overall macro-picture dragged the sector down,” she added.Among the food names, Kerry Group finished the day down 1.5 per cent, which was “probably not a bad result”, a trader said, given its peer International Flavours and Fragrances in the US plummeted double-digit figures on Monday and Tuesday.
Abrdn was the FTSE 100′s heaviest faller as the asset management firm reported shrinking assets and a drop in profits for its investment division. MSCI’s gauge of stocks across the globe shed 1.13 per cent, while the pan-regional Stoxx 600 index in Europe lost 0.31 per cent.New York
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