How London stocks performed after a record 9.9% slump in GDP?

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How London stocks performed after a record 9.9% slump in GDP?

The London markets traded on a mixed note, reflecting diminishing investor confidence regarding the latest UK GDP data. FTSE 100 traded higher by around 0.52%, as investors are anticipating upcoming earnings result from UK Banks. The UK’s GDP declined by 9.9% during 2020 due to Covid-19 pandemic.

Fuel retailer Vivo Energy had estimated full-year core earnings more than the market expectations. The Company had recommended an FY20 dividend of 3.8 cents per share. Its shares jumped by about 4.99%.

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