NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

FTSE 100 edges lower amid earnings jitters

Published 20/04/2020, 08:37
UK100
-
FTMC
-
AML
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 down 0.1%, FTSE 250 adds 0.6%

April 20 (Reuters) - Britain's FTSE 100 slipped on Monday,
as more firms rolled out measures to weather the coronavirus
crisis amid expectations of the worst earnings season for
European companies since the 2008 financial crisis.
The blue-chip FTSE 100 index .FTSE edged 0.1% lower by
0727 GMT, retreating after last week's late rally, as miners,
insurers and homebuilders weighed.
The domestically focused FTSE 250 index .FTMC gained 0.6%,
helped by surge in shares of Aston Martin AML.L after its new
boss Lawrence Stroll said immediate priorities will be to
restart manufacturing and launch production of its crucial first
sport utility vehicle. Investors are preparing for a 22% plunge in first-quarter
profits for companies listed on the broader European STOXX 600.
Meanwhile, a senior government official said Britain was not
considering lifting its lockdown imposed almost four weeks
ago.

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.