The FTSE 100 closed down 0.20% at 7938 points on Tuesday despite rising earlier in the session, with a rise in manufacturing activity reigniting inflation concerns. “The U.K. stock market continued where it left off before the Easter break and briefly made a new 14-month high above the 8,000 mark despite disappointing U.K. house price data before ending the day flat,” said Axel Rudolph, senior market analyst at online trading platform IG. Reckitt Benckiser Group, Entain, and Ocado Group were the session’s biggest fallers, down 5.2%, 5% and 4.2%, respectively. Fresnillo was the day’s highest riser, up 7.6%, followed by Anglo American and Shell, up 4.6% and 3.5% respectively.
COMPANIES NEWS:
Hochschild Mining Sells Peru Project for $15 Mln
Hochschild Mining said it sold its Crespo project in Peru to Kina Mining Peru for $15 million in cash.
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National World Sells Subsidiary to Naviga For $4.4 Mln
National…
