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London stocks follow Europe lower as Trump tests positive for COVID-19

Published 02/10/2020, 08:08
Updated 02/10/2020, 08:12
© Reuters.
UK100
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FTMC
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(For a live blog on European stocks, type LIVE/ in an Eikon
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* FTSE 100 falls 1.1%, FTSE 250 down 0.8%

Oct 2 (Reuters) - London-listed shares fell on Friday,
tracking losses in global stock markets after U.S. President
Donald Trump tested positive for the novel coronavirus, with
domestic investors also staying cautious on an uncertain outlook
for Brexit.
Trump said on Friday he and his wife Melania had tested
positive for COVID-19 and were going into quarantine, raising
concerns about the impact on his presidential campaign less than
five weeks before the election. The blue-chip FTSE 100 index .FTSE fell 1.1% and was on
track to record its third consecutive weekly decline.
The mid-cap FTSE 250 .FTMC lost 0.8%, with rising COVID-19
infections and fresh lockdown fears in the UK also dampening
sentiment.
The British Chamber of Commerce said on Friday many more
British companies reported a fall in sales over the past three
months than the ones who experienced an upswing, despite the
lifting of most coronavirus restrictions.

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