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FTSE 100 tracks global markets higher but set for weekly losses

Published 25/09/2020, 08:17
© Reuters.
UK100
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VOD
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FTNMX301010
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FTNMX405010
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FTNMX401010
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MASM
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(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 up 0.1%, FTSE 250 gains 0.3%

Sept 25 (Reuters) - London's FTSE 100 rose on Friday as a
tech-driven rally on Wall Street spilled over to European
markets, but the blue-chip index was on track to record its
second consecutive weekly decline as investor confidence about
an economic revival waned.
The FTSE 100 index .FTSE gained 0.1%, although it was down
2.9% for the week so far, with auto makers .FTNMX3350 , travel
stocks .FTNMX5750 and insurers .FTNMX8350 being the biggest
laggards.
British car production fell nearly by a half in August as
the sector continued to suffer due to the COVID-19 pandemic-led
impact on demand, an industry body said. Vodafone Group Plc VOD.L rose 0.5% on reports that the
telephone operator has started talks to buy Spanish rival
MasMovil MASM.MC with the three buyout funds who recently took
it over.

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