UK stocks mark worst day in two weeks on energy losses, virus fears | Malay Mail

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UK stocks mark worst day in two weeks on energy losses, virus fears | Malay Mail
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LONDON, July 10 ― London's FTSE 100 was weighed down by energy stocks yesterday as oil prices weakened and a rise in coronavirus cases in major global economies dented broader sentiment. The bulk of the day's losses came late in the session, tracking a drop in Wall Street as infection rates...

Friday, 10 Jul 2020 08:51 AM MYT

The bulk of the day's losses came late in the session, tracking a drop in Wall Street as infection rates increased the possibility of new lockdowns in the world's largest economy. “Risk appetite is struggling as the coronavirus spread is still not under control in most parts of the world and as geopolitical tensions between China and the West intensify,” Edward Moya, Senior Market Analyst, New York, OANDA, wrote in a note.

 

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