FTSE 100 Slides As Miners Decline On Weak China Data

2024-12-04 2126
(fxcue news) - U.K. stocks traded lower on Tuesday, with miners leading losses after data showed China's exports grew at a slower pace in November and imports unexpectedly shrank, in a worrying sign for the world's second-largest economy. The benchmark FTSE 100 dropped 35 points, or 0.4 percent, to 8,317 after gaining half a percent the previous day. Miners Anglo American, Antofagasta and Glencore were down 2-3 percent. Ashtead shares plunged almost 11 percent. The construction equipment rental group said it plans to move its listing from London to New York. FirstGroup rallied 4 percent. The transport group has agreed to acquire RATP London from RATP Developpement for an enterprise value of 90 million pounds ($114.8 million). British Gas-owner Centrica fell 2.3 percent after adding an extra £300m to its existing share buyback plan.
Sign In via X Google Sign In via Google
This page link:http://www.fxcue.com/340562.html
Tips:This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement:Contact us if the content violates the law or your rights

Please sign in

关注我们的公众号

微信公众号