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Investegate |Howden Joinery Grp Announcements | Howden Joinery Grp: Director/PDMR Shareholding
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BAE Systems PLC, Anglo American PLC and Primark owner Associated British Foods PLC set for Thursday s spotlight
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Lloyds Banking Group, HSBC PLC and Primark results to come after PM sets agenda with lockdown reopening speech
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London close: Stocks finish weaker as sterling strengthens
Thu, 18th Feb 2021 16:18
(Sharecast News) - London stocks finished Thursday s session in negative territory as sterling tacked on further gains, with Barclays helping the banking sector remain below the waterline after the release of its full-year results.
The FTSE 100 ended the session down 1.4% at 6,617.15, and the FTSE 250 was 1.02% weaker at 20,933.87.
Sterling was in a strong position, by contrast, last gaining 0.71% on the dollar to trade at $1.3955, and advancing 0.36% against the euro to €1.1554.
A stronger pound tends to dent the top-flight index as around 70% of its constituents derive most of their earnings from overseas.