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FTSE 100 falls further as virus worries persist

Published 22/12/2020, 09:19
© Reuters.
UK100
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AMGN
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AZN
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FTMC
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(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 down 0.4%, FTSE 250 adds 0.4%

Dec 22 (Reuters) - UK's FTSE 100 extended losses on Tuesday
as more countries shut their borders to Britain due to fears
about a highly infectious new coronavirus strain, while an
impasse over a post-Brexit trade deal further dented the
economic outlook.
The blue-chip FTSE 100 .FTSE fell 0.4% by 0805 GMT, after
closing at a three-week low on Monday.
France shut its border to arrivals of people and trucks from
Britain, closing off one of the most important trade arteries
with mainland Europe. As officials said they were working to find a resolution to
the French halt, however, domestically focused mid-cap FTSE 250
.FTMC rebounded from sharp losses in the previous session.
On a positive note, however, data showed Britain's gross
domestic product (GDP) grew by 16.0% in the third quarter.
Drugmaker AstraZeneca AZN.L slipped 1.3% after its
experimental asthma drug with Amgen AMGN.O failed to meet the
main goal of reducing patients' dependence on steroids in a
late-stage trial.

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