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FTSE 100 dips again as China virus hits risk appetite

Published 23/01/2020, 09:18
© Reuters.  FTSE 100 dips again as China virus hits risk appetite
UK100
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BP
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100 down 0.2%, FTSE 250 down 0.1%

* China puts city of Wuhan on lockdown

* Miners, oil stocks weigh on main index

* ASOS shines on Christmas trading cheer

Jan 23 (Reuters) - London's main index dipped for a fourth

straight session on Thursday, with major miners and oil stocks

taking a hit, as worries over the spread a new flu-like virus

from China grew.

China put Wuhan, the city at the centre of the outbreak, on

lockdown as health authorities around the world scramble to

prevent a global pandemic. The new coronavirus has so far killed

17 and infected nearly 600 people. The FTSE 100 .FTSE , which has shed more than 1% this week,

gave up another 0.2%. An index of miners .FTNMX1770 hit its

lowest in more than a week, while Shell RDSa.L and BP BP.L

were among the biggest drags.

The FTSE 250 .FTMC edged 0.1% lower by 0807 GMT.

However, AIM-listed online fashion retailer ASOS ASOS.L

provided some cheer as it advanced almost 9% after beating

analysts' expectations for sales growth in the Christmas trading

period.

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