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FTSE drops as coronavirus eclipses Sars, Intu and NMC Health jump on confirming reports

The FTSE 100 fell into the red on Monday morning as the coronavirus death toll eclipsed Sars, with investors concerned about the impact the virus will have on manufacturing in China and the surrounding region. The UK’s benchmark index opened 0.22% lower to 7,462.05, taking its lead from Asian stock markets which also dropped in morning trade. Japan’s Nikkei 225 fell 0.6%, the Hang Seng ...

Market report: Saga sails higher on activist interest, Galliford Try gains on ‘good housing demand’

With the pound under increasing pressure as we draw closer to a decision on the Tory leadership contest and Brexit, this currency weakness weighed on UK domestic stocks including Sainsbury’s (SBRY) and Marks & Spencer (MKS) on Wednesday. Both retailers were among the top fallers on the FTSE 100 index, which fell 0.2% to 7,560, while the more UK domestic-focused FTSE 250 declined by 0.1% to ...
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