The FTSE 100 Closes Down 0.4%, Diageo Slips on China's Brandy Probe - News Summed Up

The FTSE 100 Closes Down 0.4%, Diageo Slips on China's Brandy Probe


"Today's U.S. data has done little to make the economic picture clearer with a strong December payrolls report, followed by a weak ISM services survey," he adds. The blue-chip index was mainly dragged by energy-heavyweight Shell and Diageo, which saw its shares slip 1.5%, after China announced an anti-dumping probe into brandy from the European Union. MARKET TALK:Diageo's Shares Hit by China's 'Anti-Dumping' Probe to European Peers1012 GMT - Diageo's shares are among the FTSE 100 worst performers on Friday after being caught by a major sell-off in the drinks sector as China launched an 'anti-dumping' probe into European Union's brandy, AJ Bell investment director Russ Mould says in a note. Shares are down 2.4%, and 25% over the past 12 months. (michael.susin@wsj.com)Contact: London NewsPlus, Dow Jones Newswires; Dow Jones Newswires; paul.larkins@wsj.com(END) Dow Jones Newswires01-05-24 1212ET


Source: Wall Street Journal January 05, 2024 17:17 UTC



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