FTSE 100 in a funk as sentiment turns and sterling advances | 18 February 2021
18 February 2021 | 12:04pm StockMarketWire.com - The FTSE 100 saw losses deepen by lunchtime on Thursday as the positive sentiment from earlier in the week waned and sterling continued to make gains against the dollar and the euro. By midday the index was down 0.8% to 6,654.57 with US futures markets indicating a modest slump when trading resumes later on. Medical technology company Smith & Nephew fell 5.1% to £14.87 as it reported a 42% fall in trading profits as consequences of the pandemic lead to a decreased revenue across the group as well as lower gross margins. Hays dipped 0.1% to 15...
Source: stockmarketwire.com