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FTSE plunges again as coronavirus continues to wreak havoc on business and markets

UK stocks opened on Monday to another massive sell-off, echoing the plunge in markets around the world, as investors grow increasing worried about the impact of coronavirus on the global population and economy. London’s benchmark FTSE 100 opened about 2% lower before sharply falling further by 8.30am, down more than 5.5% to 5,064.70, going close to beaching the 5,000 mark for the first time ...

Market report: Just Eat jumps on Takeaway.com merger, London Stock Exchange rises as Refinitiv deal excites

London’s FTSE 100 jumped up 55.7 points to 7,605 on Monday as a spate of corporate action put a new lease of life in the market. Separate deals involving Just Eat (JE.) and London Stock Exchange (LSE) as well as an increase in private equity activity this year have got investors excited over the prospect of further mergers & acquisitions (M&A). Investors also bid up shares in various ...

Market report: Metro Bank mashed on warning, Burberry bucks negative Chinese sentiment

The FTSE 100 started the day on the back foot after a sell-off in the US overnight and strength in sterling on hopes Article 50 will be extended, delaying Brexit. The index of leading shares was down 0.5% to 6,870.27. UK fashion brand Burberry (BRBY) softens by 1.4% to £17.51 as its same-store sales in the third quarter slow from 2% a year earlier to 1% and sales as a whole dropped 1%. The ...
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