🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

British shares slip after virus cases rise

Published 02/21/2020, 04:25 PM
Updated 02/21/2020, 04:32 PM
British shares slip after virus cases rise
UK100
-
LLOY
-
FTMC
-
FTNMX551030
-
DJAN
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 down 0.5%, FTSE 250 down 0.3%
* New coronavirus cases tick up
* Daejan outshines market on buyout offer

Feb 21 (Reuters) - London stocks dropped on Friday as
investors took measures to reduce their exposure to perceived
risky assets as the coronavirus continued to spread, while a
buyout offer powered mid-cap real estate investment firm Daejan
to a life-high.
The FTSE 100 .FTSE slipped 0.5% and the FTSE 250 .FTMC
shed 0.3% in early deals, after China reported an uptick in new
cases of the virus, which has killed more than 2,200 people.
Losses on the main index were led by stocks more exposed to
commodity prices, including oil majors and miners .FTNMX1770 .
Domestic banks such as Lloyds LLOY.L were also lower.
Daejan Holdings DJAN.L soared 55.7% to match the 8050
pence per share offer price and was by far the biggest gainer
among British stocks.

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.