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Exporters, NMC Health buoy FTSE; Brexit jitters hit domestic firms

Published 18/12/2019, 09:30
© Reuters.  Exporters, NMC Health buoy FTSE; Brexit jitters hit domestic firms
UK100
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* FTSE 100 up 0.2%, FTSE 250 down 0.4%

* Brexit worries resurface

* NMC bounces after affirming forecasts

* Staffline tanks on another profit warning

Dec 18 (Reuters) - London's exporter-heavy FTSE 100 rose for

the sixth straight session on Wednesday as renewed worries of a

chaotic Brexit hit sterling and NMC Health NMC.L rebounded

from steep losses, while domestic stocks dropped amid

uncertainty at home.

The FTSE 100 .FTSE added 0.2%, led by an 8% jump in

UAE-based healthcare group NMC that stood by its 2019 and 2020

targets, a day after a short attack from Muddy Waters wiped off

nearly a third of its market value. The FTSE 250 .FTMC lagged the blue-chip benchmark as it

gave up 0.4%. British firms that make most of their money at

home were affected after Britain set a hard deadline of December

2020 to reach a new trade deal with the European Union.

AIM-listed Staffline STAF.L plunged 31% to its lowest

level in more than a decade, after the recruiter issued its

third profit warning this year.

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