Mid-Cap benchmark index FTSE 250 extend losses of the previous session

  • Dec 18, 2019 GMT
  • Team Kalkine
  • At the time of writing at 02:35 PM GMT, FTSE 250 traded 60.0 points or 0.27% lower to 21,631.43. The index has clawed back more than 250 points against December 16, 2019 closing levels. After PM Johnson said that he would bring legislation that would prevent any extension for Brexit transition period beyond December 2020, his comment dragged mid-caps substantially in the previous session and continued to weigh in the December 18, trading session as well.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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