Latest News

UK News

Click Here to read UK News

Forex News

Click Here to read Forex News

Market News

Click Here to read Market News

Irish News
/fxcentre/i-want-to/read-news
Miners, financials pull FTSE 100 to two-month low; Prudential top drag
Published at 20/09/2021 at 08:20

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

* FTSE 100 down 0.9%, FTSE 250 off 0.8%

Sept 20 (Reuters) - London's FTSE 100 fell to a two-month low on Monday, dragged by heavyweight miners and financial stocks, while concerns about rising inflation also weighed on the index ahead of a rate decision by the Bank of England (BoE) this week.

The blue-chip FTSE 100 index dropped 0.9%. Miners Glencore and Rio Tinto and financial stocks Prudential and HSBC Holdings led the declines.

Britain's Prudential Plc fell 4.6% to be the top loser on the FTSE 100 after saying on Saturday it plans to raise HK$22.5 billion ($2.9 billion) through a concurrent public offer and international share placing on the Hong Kong Stock Exchange.

The domestically-focussed mid-cap index fell 0.8%, with travel stocks being among the top drags.

Investors now await the BoE's policy meeting this week for a timeline on its plan to ease its massive pandemic stimulus, against the backdrop of rising price pressures due to supply chain disruptions and higher energy prices.

Energy stocks were also among top losers, with shares of heavyweights Royal Dutch Shell and BP

falling 1.2% and 0.7% respectively.

(Reporting by Shashank Nayar in Bengaluru; editing by Uttaresh.V)

((Shashank.Nayar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2256;))

(( For related prices, Reuters users may click on - *

UK stock report

FTSE index:

techMARK 100 index: FTSE futures:

Gilt futures: Smallcap index:

FTSE 250 index: FTSE 350 index:

Market digest: Top 10 by vol:

Top price gainers: Top % gainers:

Top price losers: Top % losers:

* For related news, click on - *

UK hot stocks: and Wall Street:

Gilts report: Euro bond report

Pan European stock report:

Tokyo stocks: HK stocks:

Sterling report: Dollar report:

* For company prices, click on - *

Company directory: By sector:

* For pan-European market data, click on - *

European Equities speed guide................

FTSE Eurotop 300 index...........................

DJ STOXX index...................................

Top 10 STOXX sectors........................

Top 10 EUROSTOXX sectors...................

Top 10 Eurotop 300 sectors..................

Top 25 European pct gainers....................

Top 25 European pct losers..................... ))