FTSE 100 Declines As Rate Cut Hopes Fade
U.K. stocks slipped into the red on Thursday after Bank of England (BoE) policymaker Megan Greene said interest rate cuts in the U.K. should be a way off" and that Britain has a higher risk of persistent inflation than the U.S.
The benchmark FTSE 100 was down 15 points, or 0.2 percent, at 7,946 after rising 0.3 percent in the previous session.
Kenmare Resources slumped 6 percent. The mining firm said shipments fell in the first quarter of the year, but it remains on track to meet guidance for the year.
Artificial intelligence cybersecurity firm Darktrace surged 6.2 percent after it reported a return to growth for its third quarter.
Biopharma giant AstraZeneca added 1.5 percent after promising to increase its dividend this year.
Market Analysis
Reprinted from RTTNews，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.