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Britain's FTSE 250 slips on rising no-deal Brexit fears

Published 29/08/2019, 08:18
© Reuters.  Britain's FTSE 250 slips on rising no-deal Brexit fears
UK100
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BATS
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AZN
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FTMC
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AMGO
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

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

* Brexit fears hit domestic stocks

* Sterling weakness helps exporters gain

* Mid-cap Amigo sinks after forecast cut

Aug 29 (Reuters) - Britain's mid-cap index slid for the

second straight session on Thursday after Prime Minister Boris

Johnson's plan to suspend parliament raised the prospects of a

no-deal Brexit, while the resulting weakness in sterling helped

the exporter-heavy FTSE 100 eke out gains.

The main index .FTSE added 0.2%, with gains led by more

internationally exposed firms such as BAT (LON:BATS) BAT.L and

AstraZeneca AZN.L . The more domestically-focussed FTSE 250

.FTMC slipped 0.3% by 0709 GMT.

The mid-cap index was also pulled lower by a more than 17%

slump in Amigo Holdings AMGO.L after the consumer credit

provider posted lower adjusted pre-tax profit for the first

quarter and cut its annual forecast.

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