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Kingfisher pulls FTSE lower, trade view still murky

Published 20/11/2019, 09:27
© Reuters.  Kingfisher pulls FTSE lower, trade view still murky
UK100
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HSBA
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MAB
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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 down 0.7%, FTSE 250 down 0.5%

* Kingfisher slips after Q3 report

* Mitchells & Butlers outshines mid-caps

Nov 20 (Reuters) - London's FTSE 100 slipped into the red on

Wednesday as shares in retailer Kingfisher slumped 8% after its

quarterly sales disappointed, and as lack of clarity on the

Sino-U.S. trade front remained.

After three straight days of gains, the main index .FTSE

fell 0.7%, as trade uncertainty weighed on Asia-exposed

financial stocks like HSBC HSBA.L . The FTSE 250 .FTMC gave

up 0.5%, with losses in all but one sectors.

Outperforming the mid-cap index was pub operator Mitchells &

Butlers MAB.L , which jumped 8% after reporting higher annual

adjusted operating profit.

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