NEW YORK, April 5 — UK’s main equity indexes slipped today as investors weighed the prospect of more sanctions against Russia, while bearish brokerage calls hit blue-chip stocks like Vodafone and Lloyds. The export-oriented FTSE slipped 0.1 per cent, while the domestically focussed mid-cap FTSE...
NEW YORK, April 5 — UK’s main equity indexes slipped today as investors weighed the prospect of more sanctions against Russia, while bearish brokerage calls hit blue-chip stocks like Vodafone and Lloyds.
While overall markets trod with caution, the oil & gas index rose 0.5 per cent as crude prices advanced towards US$110 a barrel on plans by the United States and Europe to impose new sanctions to punish Moscow over civilian killings in Ukraine. The FTSE 100 ended the first quarter with gains, faring better than its European and US peers as surging commodity prices boosted shares of mining and oil majors, while banks gained from the prospect of rising interest rates.
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