FTSE 100 Slips As Commodity-related Stocks Dive On China Concerns
(RTTNews) - U.K. stocks slipped into the red on Monday, with commodity-related stocks coming under selling pressure after China reported the first virus-related deaths recorded since May this year.
The benchmark FTSE 100 was down 25 points, or 0.3 percent, at 7,360 after closing half a percent higher on Friday.
Miners Anglo American, Antofagasta and Glencore all dropped around 2 percent while energy stocks such as BP Plc and Shell were down over 1 percent each.
Virgin Money shares jumped more than 10 percent after the lender reported better-than-expected full-year results and announced a £50 million ($59.4 million) share buyback program.
International Distribution Services, formerly Royal Mail, slumped 4.4 percent as more postal strikes loomed in the busy holiday period.
Canadian Dollar Falls Against Most Majors
Canadian Market Modestly Higher; Technology Stocks Among Notable Gainers
Swiss Market Ends Marginally Up
Major European Markets Close On Mixed Note
Positive Start Seen For Canadian Stocks
UK Market Roughly Flat; Mining Stocks Move Higher
CAC 40 Climbs Higher For 3rd Straight Day
