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FTSE 100 slips further as growth fears linger

Published 07/10/2019, 08:22
Updated 07/10/2019, 08:30
© Reuters.  FTSE 100 slips further as growth fears linger
UK100
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SHI
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FTMC
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100 down 0.3%, FTSE 250 dips 0.2%

* Global fears remain, U.S.-China talks eyed

* Mid-cap SIG plummets after profit warning

Oct 7 (Reuters) - London's FTSE 100 fell further on Monday,

with markets unable to dispel broader growth fears that had

dragged the index to its worst week in nearly a year, while

mid-cap SIG slumped to a near three-year low after a profit

warning.

The main index .FTSE , which shed more than 3.6% last week

on fears of a global economic slowdown and the risk of a

recession, gave up another 0.3% by 0707 GMT. The mid-cap FTSE

250 .FTMC edged 0.2% lower.

Building materials supplier SIG SHI.L tanked 26% after it

forecast significantly lower annual profit in its specialist

distribution and roofing merchanting businesses due to weaker

construction activity in Germany and the UK.

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