🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

Brexit tussle bogs down UK midcaps

Published 23/10/2019, 08:16
© Reuters.  Brexit tussle bogs down UK midcaps
UK100
-
FRES
-
FTMC
-

(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 250 down 0.4%, FTSE 100 largely unchanged

* Fresnillo at bottom of main index after weak outlook

* Exporters benefit from weaker pound

Oct 23 (Reuters) - UK-listed shares with greater domestic

exposure slid on Wednesday as lawmakers rejected Prime Minister

Boris Johnson's proposed Brexit timetable, though losses were

contained as fears of a no-deal departure were firmly out of

sight.

The FTSE 250 index of midcap firms .FTMC weakened by 0.4%

as at 0706 GMT, marking its second day in the red, while the

blue-chip bourse .FTSE was roughly flat as its exporter stocks

were supported by a drop in sterling.

Fresnillo FRES.L dropped nearly 4% after the precious

metals miner forecast annual silver and gold production at the

lower end of an already reduced target range, and reported a

fall in quarterly output.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.