Market report: FTSE down, Biffa’s limp IPO
The FTSE 100 gets off to a weak start as it falls back below the 7,000 mark. The mid cap index, the FTSE 250, is also in negative territory.
Waste management group Biffa (BIFF) makes a limp return to the stock market with a low-priced IPO at 180p. The shares fail to make a big impression, trading at 182.38p just after the market open.
In contrast, LED lighting specialist ...