LONDON, July 15 ― British mid-cap stocks ended lower yesterday as fears of fresh coronavirus-driven lockdowns overshadowed a fledgling economic recovery, while resource stocks supported the bluechip index. The blue-chip FTSE 100 ended largely unchanged, but well above session lows. Energy and...
Wednesday, 15 Jul 2020 08:11 AM MYT
The blue-chip FTSE 100 ended largely unchanged, but well above session lows. Energy and mining stocks were the best performers on the index for the day, helped by weakness in the pound. Tech-oriented investment trust Polar Capital Technology Trust was the biggest drag on Britain's midcap index, which lost 1.2 per cent for the day.
Speculation over a second wave of British coronavirus infections next winter rattled investors hoping for a quick economic recovery from the pandemic.
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