Investing.com - Financial Markets Worldwide
🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

FTSE 100 on course for monthly decline as virus fears rise

Published 09/30/2020, 03:21 PM
Updated 09/30/2020, 03:30 PM
© Reuters.
UK100
-
FTMC
-
FTNMX501010
-
FTNMX405010
-
BOOH
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 down 0.6%, FTSE 250 drops 0.4%

Sept 30 (Reuters) - London's FTSE 100 fell on Wednesday and
was headed for its second monthly decline in six as growing
economic uncertainty due to the COVID-19 pandemic as well as
Brexit subdued risk appetite.
The blue-chip FTSE 100 .FTSE lost 0.6%, led by travel and
leisure .FTNMX5750 and construction stocks .FTNMX2350 , while
the mid-cap FTSE 250 .FTMC shed 0.4%, with analysts warning of
higher volatility during the session as investors rebalance
their portfolios at the end of the quarter.
Meanwhile, data confirmed that Britain's economy shrank by a
record 19.8% in the second quarter of 2020 when COVID-19
lockdown measures were in force, a slightly smaller decline than
an initial estimate of a 20.4% fall in output. British online fashion retailer Boohoo BOOH.L gained 2.3%
after it raised its full-year guidance and reported a 51% jump
in first-half profit.

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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.