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Market Report: UK stocks weaker after Asian sell-off, investors regain appetite for Greggs

UK stocks started the week lower after Asian markets sank as protests in Hong Kong and ongoing uncertainty over a US-China trade deal cast a shadow over trading. China’s Shanghai Composite index fell 0.5% while Hong Kong’s Hang Seng index fell 0.6%. At 8.30am the FTSE 100 was down by 0.5% to 7,319 with banks, industrials, metals, mining and oil equipment holding the index back while the ...

News in brief: Iron ore, IQE, NMC Health, Futura, Produce Investments and Borders & Southern

New iron ore shock Iron ore prices have fallen below $47 per tonne, putting more pressure on iron ore mining equities. At current levels, we doubt most AIM-quoted juniors would be able to bring a project into production economically. The market remains in oversupply so we see further weakness until output is curbed. (DC) IQE’s bright cash spot Compound wafer technology designer IQE ...
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