(Corrects paragraph 3 to say stocks led the gains, not
declines)
* FTSE 100 up 1%, FTSE 250 adds 0.8%
Oct 16 (Reuters) - London's FTSE 100 rose on Friday as a
weaker pound boosted shares of exporters, although gains were
capped by Brexit-related uncertainty and new lockdowns to
contain a resurgence in cases of the novel coronavirus.
The blue-chip index .FTSE climbed 1%, with energy
.FTNMX0530 , travel and leisure .FTNMX5750 , and homebuilding
.FTNMX3720 stocks leading the gains. The FTSE 100 had hit a
near-two week low in the previous session.
The mid-cap FTSE 250 index .FTMC gained 0.8% on Friday.
However, both the indexes were on course for their first
weekly decline in three weeks as investors sought more details
about the Brexit trade deal negotiations.
Prime Minister Boris Johnson on Friday will set out his
approach to an agreement, a day after the European Union told
Britain to compromise on their new economic partnership or stand
ready for trade disruptions in less than 80 days.
In company news, Man Group Plc EMG.L jumped 5% after the
hedge fund manager reported a 4.4% rise in funds under
management as of September-end aided by market recovery.
- English (USA)
- English (UK)
- English (India)
- English (Canada)
- English (Australia)
- English (South Africa)
- English (Philippines)
- Deutsch
- Español (España)
- Español (México)
- Français
- Italiano
- Nederlands
- Português (Portugal)
- Polski
- Português (Brasil)
- Русский
- Türkçe
- العربية
- Ελληνικά
- Svenska
- Suomi
- עברית
- 日本語
- 한국어
- 简体中文
- 繁體中文
- Bahasa Indonesia
- Bahasa Melayu
- ไทย
- Tiếng Việt
- हिंदी
CORRECTED-FTSE 100 set to snap two-week winning streak as lockdowns, Brexit weigh
Published 16/10/2020, 08:19
CORRECTED-FTSE 100 set to snap two-week winning streak as lockdowns, Brexit weigh
Latest comments
Install Our App
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.
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.