16.07.2024 11:22:31 - dpa-AFX: FTSE 100 Slips On China Concerns

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks were slightly lower on
Tuesday as investors fretted about China's economic recovery and priced in the
impact of a likely second term for former President Donald Trump.

The benchmark FTSE 100 was down 0.1 percent at 8,175 after falling 0.9 percent
on Monday.

Miners slipped as copper prices eased on concerns about weakening Chinese
demand. Anglo American, Antofagasta and Glencore fell 1-2 percent.

Rio Tinto gave up 2.5 percent after reporting second-quarter iron ore shipments
below estimates.

Ocado shares jumped 15 percent after the online grocer raised profit forecasts
for its key technology division.

B&M European Value Retail rallied 3.4 percent. The discount retailer sounded
optimistic about achieving profitable, cash-generating growth for the full
financial year after reporting a 2.4 percent revenue increase in Q1 FY2024.

Credit reporting company Experian declined 1.6 percent after the announcement of
its chief operating officer's departure.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 7.577,04 23.08.24 18:05:02 +52,93 +0,70% - - 7.544,73 7.524,11
FTSE 100 969378 Financial Times SE 8.327,78 23.08.24 17:35:30 +39,78 +0,48% - - 8.288,00 -
DAX ® 846900 Xetra 18.633,10 23.08.24 17:50:00 +139,71 +0,76% - - 18.538,87 18.493,39
E-STOXX 50 ® 965814 STOXX Ltd. 4.909,20 23.08.24 17:50:00 +24,20 +0,50% 0,000 - 4.890,34 4.885,00

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