Latest News

UK News

Click Here to read UK News

Forex News

Click Here to read Forex News

Market News

Click Here to read Market News

Irish News
/fxcentre/i-want-to/read-news
UK News
FTSE extends declines as Trump tariff salvo dents sentiment
Published at 03/12/2019 at 08:33

(For a live blog on European stocks, type LIVE/ in an Eikon news window)

* FTSE 100 down 0.2%, FTSE 250 flat

* Trump tariffs on Brazil, Argentina keep markets on edge

* Centamin climbs higher on buyout proposal

Dec 3 (Reuters) - London's main index slipped for the fourth straight session on Tuesday as U.S. President Donald Trump's decision to restore tariffs on Brazil and Argentina dented sentiment, while miner Centamin hit a two-month high after a buyout proposal.

The FTSE 100 was down 0.2%, as of 0805 GMT, as Washington's tariffs on steel and aluminium imports from key Latin American trading partners also overshadowed encouraging data from China and euro zone economies.

Trump's tariff threat dragged shares of blue-chip oil majors Shell and BP lower, while miners dropped 1.5%.

The FTSE 250 was roughly flat, though Centamin stood out with an increase of 7% after Canada's Endeavour Mining

disclosed a 1.47 billion pound ($1.89 billion) proposal for the British firm.

($1 = 0.7794 pounds)

(Reporting by Shashwat Awasthi in Bengaluru, Editing by Sherry Jacob-Phillips)

((Shashwat.Awasthi@thomsonreuters.com; within UK: +1 646 223 3403; outside UK: +91 80 61822606, +91 80 37962606;))

(( For related prices, Reuters users may click on - *

UK stock report

FTSE index:

techMARK 100 index: FTSE futures:

Gilt futures: Smallcap index:

FTSE 250 index: FTSE 350 index:

Market digest: Top 10 by vol:

Top price gainers: Top % gainers:

Top price losers: Top % losers:

* For related news, click on - *

UK hot stocks: [HOT and GB] Wall Street:

Gilts report: Euro bond report

Pan European stock report:

Tokyo stocks: HK stocks:

Sterling report: Dollar report:

* For company prices, click on - *

Company directory: By sector:

* For pan-European market data, click on - *

European Equities speed guide................

FTSE Eurotop 300 index...........................

DJ STOXX index...................................

Top 10 STOXX sectors........................

Top 10 EUROSTOXX sectors...................

Top 10 Eurotop 300 sectors..................

Top 25 European pct gainers....................

Top 25 European pct losers..................... ))