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Renewed trade jitters hit FTSE 100; WPP outperforms

Published 08/09/2019, 03:29 PM
Updated 08/09/2019, 03:30 PM
Renewed trade jitters hit FTSE 100; WPP outperforms
UK100
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HSBA
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* FTSE 100 down 0.2%, FTSE 250 up 0.3%
* WPP climbs after Q2 update
* William Hill , Hikma, G4S prop up midcaps

Aug 9 (Reuters) - London's FTSE 100 slipped on Friday after
a report that the United States was delaying a decision on
letting its companies do business with Huawei, casting a shadow
over global markets, though WPP soared after a quarterly update.
Trade worries weighed on Asia-focused HSBC HSBA.L and
mining stocks as the FTSE 100 .FTSE fell 0.2%, but losses were
capped by an 8% surge in ad firm WPP WPP.L after
better-than-expected organic sales performance. A post-earnings jump in gambling firm William Hill WMH.L
and drugmaker Hikma HIK.L as well as a rise in shares of
security contractor G4S GFS.L on plans to separate its cash
solutions unit led the FTSE 250 .FTMC 0.3% higher by 0711 GMT.

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