FTSE 100 Edges Up After Mixed UK Economic Data - News Summed Up

FTSE 100 Edges Up After Mixed UK Economic Data


FTSE 100 Edges Up After Mixed UK Economic Data0903 GMT - The FTSE 100 edges up 0.15% to 7656.92 after mixed U.K. economic data. Miner Glencore falls 0.8% after a trading update, while telecoms company BT loses 1.7% and insurance company Prudential falls 1.4%. On stimulus from China, the analysts note "ongoing volatility as the market weighs China stimulus potential vs. slowing Western economies." The U.K. merchant banking group posted an update for fiscal 2023 with strong asset management performance with increased net inflows, offsetting weakness at Winterflood. (christian.moess@wsj.com)---Consumer Gloom May Prove Harbinger of UK Recession(MORE TO FOLLOW) Dow Jones NewswiresJuly 21, 2023 06:36 ET (10:36 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.


Source: Wall Street Journal July 21, 2023 10:48 UTC



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