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FTSE 100 dips, midcaps advance on Brexit day

Published 01/31/2020, 04:35 PM
Updated 01/31/2020, 04:40 PM
FTSE 100 dips, midcaps advance on Brexit day
UK100
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HSBA
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DGE
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FTMC
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SNR
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AML
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(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 down 0.2%, FTSE 250 up 0.5%
* Britain to exit the EU at 2300 GMT
* Aston Martin roars to top of midcap bourse
* Boeing-supplier Senior hit by 737 MAX grounding

Jan 31 (Reuters) - London's FTSE 100 slipped lower on Friday
as coronavirus fears intensified and as a firmer pound dragged
exporter shares lower, while Aston Martin drove the midcaps
higher, hours before Britain leaves the European Union.
The main index .FTSE gave up 0.2%, as exporters such as
HSBC HSBA.L and Diageo DGE.L fell. Risk sentiment was also
hit after the World Health Organisation declared a global
emergency over the spread of the newly-found virus. The FTSE 250 .FTMC recorded a 0.5% gain, with Aston Martin
AML.L surging 25% after Canadian billionaire Lawrence Stroll
said he would take a stake in the luxury carmaker. Senior Plc SNR.L , a supplier to Boeing BA.N ,
underperformed the midcap index and slid 5.5% after warning
revenue and margins at its aerospace division would decline in
2020 due to the 737 MAX jet grounding.

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