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

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

The UK’s leading share index shed almost 31 points at 7,328 with resource shares, unsurprisingly, on the list of top laggards

  • 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 at a negative balance, hit by a solid pound, so that as traders fretted over worldwide trade plus the violence that is latest in Hong Kong.

The united kingdom’s leading share index shed almost 31 points at 7,328 with resource shares, unsurprisingly, one of the laggards that are top.

In the usa, major benchmarks had been additionally lower, 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’s been a later date of clashes between anti-government protesters and police which have apparently kept a couple in a crucial condition and dozens more injured.

“Stock areas are mainly reduced as traders are involved concerning the US-China trading relationship along with the physical violence in Hong Kong,” noted market analyst David Madden, at CMC Markets, on Monday.