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UK shares pressured as Middle East tensions flare

Published 08/01/2020, 09:21
Updated 08/01/2020, 09:27
© Reuters.  UK shares pressured as Middle East tensions flare
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100 down 0.4%, FTSE 250 down 0.7%

* Anglo American biggest loser on blue-chip index

* NMC, Finablr tumble after shareholders sell stake

Jan 8 (Reuters) - British shares slipped on Wednesday as

tensions in the Middle East threatened to boil over after Iran

retaliated by launching missile strikes at U.S. forces in Iraq,

driving investors away from risky assets and into safe-haven

holdings.

The FTSE 100 .FTSE fell 0.4% and the FTSE 250 .FTMC shed

0.7% following news that Iran has hit back in response to the

killing of a top Iranian commander by the United States last

week. Anglo American AAL.L led losses on the main board,

dropping 2% after saying it was in advanced talks to buy

fertiliser maker Sirius Minerals SXX.L . Sirius' shares soared

39% to their highest level in nearly four months. NMC Health NMC.L slumped 18% and Finablr FINF.L 12%

after major shareholders of the two firms sold stakes. Finablr's

unit Travelex also separately confirmed it was hit by a software

virus attack.

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