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FTSE 100 dips as lower oil prices hit BP, Shell

Published 08/19/2020, 03:22 PM
Updated 08/19/2020, 03:30 PM
© Reuters.
UK100
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BP
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SHEL
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HOCM
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FTMC
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* FTSE 100 down 0.1%, FTSE 250 flat

Aug 19 (Reuters) - London's FTSE 100 dipped on Wednesday as
lower oil prices dented trading in energy stocks, while
investors digested a surprise rise in domestic inflation last
month.
The blue-chip FTSE 100 .FTSE was down 0.1%, with BP Plc
BP.L and Royal Dutch Shell Plc RDSa.L being among the
biggest drags. O/R
The mid-cap FTSE 250 .FTMC was flat as data showed
inflation jumped last month to its highest rate since March with
clothing stores refraining from their usual summer discounts
after reopening from coronavirus lockdowns. In scarce company news, precious metals miner Hochschild
Mining Plc HOCM.L slumped 5.5% as it posted a lower revenue
for the first half of the year.

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