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The London Stock Exchange falls 0.11% on a delicate day for retailers

This content was published on February 25, 2021 – 17:08

London, Feb 25 (EFE) .- The London Stock Exchange recorded generalized losses on Thursday, with a slight decline of 0.11%, despite the good activity detected in mining groups in a day, in general, delicate for retailers .

The main London index, FTSE-100, fell 7.01 points to 6,651.96.

The mining industry, where good activity was recorded, failed to lift the London floor at the close in another session that, as has been the trend, kept its sights set on the evolution of the coronavirus pandemic.

The British Government today lowered the alarm level, from the highest level of five to four, having given way to pressure on the health system.

Among retailers, the Asda supermarket chain, third in the United Kingdom, today announced a restructuring plan to adapt its business to the increase in internet sales, which will put 5,000 jobs at risk, although it is planned to create another 4,500.

The company explained in a note that it has started consultations with workers to reform its model to “simplify” operations and increase the ability to process orders “online.”

In this context, the main winners of the day were today the Evraz mining group, which advanced 5.95%, followed by the Smith firm, which recorded profits of 5.70%, and Anglo American, which rose at the close of the 3.94%.

Rio Tinto also ended with an increase in its value of 1.97% and the same did the oil company BP, which added 1.92%.

On the contrary, Standard Chartered, which lost 6.16%, Intermediate Capital Group, with 4.73% less, and Polymetal International, which fell 3.62% at the close, finished in red. EFE

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