We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
FTSE 100 Index | FTSE:UKX | FTSE Indices | Index |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8,078.86 | 8,078.86 | 8,078.86 | 8,078.86 | 0 | 01:00:00 |
By Steve Goldstein, MarketWatch
Mildly encouraging signals from U.K. Prime Minister Boris Johnson on a visit to Dublin on Monday lifted the British pound and weakened the top U.K. stock market index.
The pound rose to $1.2338 in wake of a press gathering with Johnson and Irish Prime Minister Leo Varadkar, where the U.K. prime minister said a deal on the Irish border question can be secured in time to enable a smooth British departure. He's expected to lose a vote in Parliament on holding a general election unless a no-deal Brexit is pushed beyond January, which Johnson has vowed to resist.
Over the weekend, another member of the Cabinet (http://www.marketwatch.com/story/uk-cabinet-minister-quits-says-boris-johnson-making-no-effort-to-reach-brexit-deal-2019-09-08), Amber Rudd, resigned.
There also was positive economic data, with U.K. GDP rising 0.3% in July, which was stronger than the 0.1% expected. Industrial production also was better than forecast.
The FTSE 100 tends to weaken whenever the pound accelerates, and that was the case again as it dropped 0.28% to 7261.50.
Of companies in focus, Associated British Foods (ABF.LN) fell 3% after it kept its full-year outlook, saying adjusted EPS is expected to be in line with last year. It reported "strong" performance in its Primark and Grocery units but a decline in AB Sugar.
Intu Properties (INTU.LN) rose 11% as the Sunday Times reported that Orion Capital Managers was in the early stages of seeking partners for a buyout.
(END) Dow Jones Newswires
September 09, 2019 05:59 ET (09:59 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year FTSE 100 Chart |
1 Month FTSE 100 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions