TOP NEWS: UK retail sales jump in April as non-essential stores reopen lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
LONDON MARKET OPEN: John Laing jumps on GBP2 billion takeover offer
Wed, 19th May 2021 08:51
(Alliance News) - Stock prices in London opened sharply lower on Wednesday amid rising inflation fears, while John Laing led the FTSE 250 after agreeing to a GBP2 billion takeover from private equity firm KKR.
The FTSE 100 index was down 82.19 points, or 1.2%, at 6,952.07. The mid-cap FTSE 250 index was down 127.02 points, or 0.6%, at 22,203.93. The AIM All-Share index was down 0.3% at 1,235.49.
The Cboe UK 100 index was down 1.2% at 693.60. The Cboe 250 was down 0.5% at 20,000.59, and the Cboe Small Companies down 0.2% at 14,841.00.
In mainland Europe, the CAC 40 in Paris and the DAX 30 in Frankfurt were down 1.3% and 1.2% respectively.
LONDON MARKET CLOSE: Miners sink as inflationary fears spread lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.