FTSE 100 closes lower as trade concerns and pound that is strong index

FTSE 100 closes lower as trade concerns and pound that is strong index

The united kingdom's premier share index shed nearly 31 points at 7,328 with resource stocks, unsurprisingly, on the list of laggards that are top

  • FTSE 100 closes lower
  • US shares down
  • Likelihood of another hung parliament recede after Brexit Party backs down
  • More physical physical violence in Hong Kong

5.05pm: FTSE 100 finishes in red

FTSE 100 index shut in debt, struck by a stronger pound, so that as traders fretted over worldwide trade while the violence that is latest in Hong Kong.

Great britain's leading share index shed almost 31 points at 7,328 with resource shares, unsurprisingly, on the list of laggards that are top.

In the usa, major benchmarks had been additionally reduced, because of the Dow Jones Industrial Average down over 95 points, even though the Nasdaq that is tech-laden exchange around 25.

In Hong Kong, there is a later date of clashes between anti-government protesters and authorities which have apparently kept a couple in a crucial condition and dozens more injured.

"Stock markets are mainly reduced as traders come to mind in regards to the US-China trading relationship along with the physical violence in Hong Kong," noted market analyst David Madden, at CMC Markets, on Monday.

"Global equites rallied week that is last progress had been manufactured in reference to the US-China trade talks, but subsequently the situation does not look as rosy.

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