Stock prices in London opened in the red on Friday morning, as improved UK retail sales figures failed to lift market mood after two weeks of interest rate hikes by major central banks.
The FTSE 100. | March 24, 2023
Stocks in London were deep in the red at midday on Friday, despite some positive data for the UK private sector, as banking stocks slumped.
It is difficult to see a path through the current turmoil. | March 24, 2023
James Fisher delays annual results to allow talks on debt facilities 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.
Banking sector turmoil returned to hit stocks again on Friday, with Deutsche Bank bearing the brunt of a sell-off, despite words of reassurance from eurozone finance leaders.
Sector peers in Paris. | March 24, 2023