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London stocks slump on lockdown worries, Brexit uncertainty

Published 10/15/2020, 03:23 PM
Updated 10/15/2020, 03:30 PM
© Reuters.
UK100
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TSCO
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BNZL
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MARS
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FTMC
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FTNMX502010
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FTNMX405010
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FTNMX303010
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FTNMX601010
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(For a live blog on European stocks, type LIVE/ in an Eikon
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* FTSE 100 down 1.6%, FTSE 250 drops 1.2%

Oct 15 (Reuters) - London's FTSE 100 fell for a fourth
straight session on Thursday, pressured by ex-dividend trading,
with investors also taking cash off the table on the prospect of
stricter coronavirus lockdowns and Brexit-related uncertainty.
The FTSE 100 index .FTSE fell 1.6%, with aero
.FTNMX2710 , travel and leisure .FTNMX5750 , energy
.FTNMX0530 and insurance .FTNMX8570 stocks leading the
declines.
Business supplies distributor Bunzl Plc BNZL.L and
Britain's biggest retailer Tesco Plc TSCO.L fell 1.3% and
2.6%, respectively, as they traded without dividend.
The domestically-focussed mid-cap FTSE 250 .FTMC lost
1.2%.
EU leaders are set to meet in Brussels later in the day
where they will pressure Britain for concessions in Brexit trade
talks, a day after British Prime Minister Boris Johnson
expressed his disappointment over progress in negotiations.
Pub operator Marston's MARS.L shed 2.5% after it announced
job cuts as a result of a new round of coronavirus restrictions
in the UK.

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