London close: Commodity concerns see stocks turn red
Tue, 25th May 2021 15:58
(Sharecast News) - London stocks closed just below the waterline on Tuesday, as investors digested fresh data on the UK s trade with the European Union, as well as the latest UK borrowing figures and retail sales data.
The FTSE 100 ended the session down 0.31% at 7,029.79, and the FTSE 250 was 0.2% weaker at 22,438.90.
Sterling was in the red as well, last trading 0.18% weaker against the dollar at $1.4132, and losing 0.31% on the euro at €1.1552. Mining stocks remain on the back foot today, with a recent Chinese bid to depress commodity prices dealing a blow to sentiment in the sector, said IG senior market analyst Joshua Mahony.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Share this article
Share this article
ResearchAndMarkets.com s offering.
According to this report, the global market for aseptic packaging is likely to prosper at a CAGR of 9.24% through the projected period 2021-2028.
The market for aseptic packaging is primarily motivated by factors such as enhanced recycling rates, growing demand for products with extended shelf life, and rising demand for processed food. Globally, consumers are demanding products having a longer shelf life, along with easy usage. This has compelled companies to develop alternate packaging solutions, which are cost-effective and protect the products from deteriorating.
However, the volatile cost of raw materials and complications faced during manufacturing are negatively impacting the development of the aseptic packaging market.
Share:
Dublin, May 10, 2021 (GLOBE NEWSWIRE) The Global Aseptic Packaging Market 2021-2028 report has been added to
ResearchAndMarkets.com s offering.
According to this report, the global market for aseptic packaging is likely to prosper at a CAGR of 9.24% through the projected period 2021-2028.
The market for aseptic packaging is primarily motivated by factors such as enhanced recycling rates, growing demand for products with extended shelf life, and rising demand for processed food. Globally, consumers are demanding products having a longer shelf life, along with easy usage. This has compelled companies to develop alternate packaging solutions, which are cost-effective and protect the products from deteriorating.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;