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REFILE-FTSE erases last week's gain on rising Hong Kong tensions

Published 11/11/2019, 05:33 PM
REFILE-FTSE erases last week's gain on rising Hong Kong tensions
UK100
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HSBA
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PRU
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GRG
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FTMC
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FTNMX551030
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(Refiles with today's date. Text unchanged)
* FTSE 100 down 0.7%, FTSE 250 down 0.5%
* Baker Greggs jumps after forecast upgrade
* Stocks vulnerable to Asia sink on Hong Kong tensions

Nov 11 (Reuters) - UK's main stock index fell sharply on
Monday as a violent escalation in protests in Hong Kong knocked
Asia-facing financial stocks, while investors waited for British
economic growth numbers.
The FTSE 100 .FTSE slid 0.7% by 0806 GMT, handing back
nearly all the gains accumulated last week, while the FTSE 250
index .FTMC of more domestic-focussed firms lost 0.5%.
Bluechips HSBC HSBA.L , Prudential PRU.L and
China-exposed miners .FTNMX1770 all slipped roughly 2% after
news that Hong Kong police shot and wounded one protester as the
pro-democracy unrest continued into its 24th straight week.
Baker Greggs GRG.L , however, leapt 9% to top FTSE 250
gainers after hiking profit targets.

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