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London falls 0.15%, among fears of the global economic slowdown

This content was published on June 29, 2022 – 16:24

London, June 29 (EFE).- The London Stock Exchange fell 0.15% this Wednesday, between the nervousness of investors due to the global economic slowdown and the possibility of recessions in several countries.

The main London index, the FTSE-100, fell 11.09 points, to 7,312.32 integers, while the secondary FTSE-250 – which groups smaller companies in general British – fell 1.62%, to 19,038, 79 units.

Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, today attributed the decline in several markets to concern about “signs that consumer confidence is fading” in the United States and elsewhere, due to high inflation.

In London, the real estate developer British Land Company crowned the table of losses, which lost 8.66%, as well as its rival Land Securities, which yielded 6.54%.

The online supermarket group Ocado fell 7.23%, and the Hispanic-British airline group IAG finished 4.38% less.

Among the winners were the bank Standard Chartered, which added 2.90%; the pharmaceutical AstraZeneca, which rose 2.48%, and the Severn Trent water company, which ended with 2.04% more. EFE

jm / si

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