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UK shares bounce back after trade-driven losses

Published 11/22/2019, 04:33 PM
Updated 11/22/2019, 04:40 PM
UK shares bounce back after trade-driven losses
UK100
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HSBA
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FTMC
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FTNMX551030
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PTEC
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COA
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* FTSE 100 up 0.9%, FTSE 250 up 0.4%
* Indexes bounce back after 2 days of losses
* Playtech, Coats Group slide on lackluster forecasts

Nov 22 (Reuters) - London's FTSE 100 jumped almost 1% on
Friday, recouping nearly all its losses from the past two
sessions when uncertainty surrounding a U.S.-China trade deal
had spurred selling.
The main index's .FTSE surge was led by trade-sensitive
scrips, including HSBC HSBA.L , oil stocks and miners,
.FTNMX1770 after China attempted to allay fears by saying it
would strive to reach a "phase one" deal with the United States.
The FTSE 250 .FTMC added 0.4%, bolstered by industrial
stocks, but gambling software maker Playtech PTEC.L and
industrial thread manufacturer Coats Group COA.L
underperformed due to lackluster annual forecasts.

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