FTSE steadies though banks, easyJet weigh

FTSE steadies though banks, easyJet weigh
 

UK shares steadied on Monday as a drop in banking shares and easyJet (EZJ.L) capped gains, though mid cap bookmaker William Hill (WMH.L) jumped after merger talks.
The blue chip FTSE 100 index .FTSE was flat in percentage terms at 7,046.97 points by 0920 GMT, though it remained close to a year-high and outperformed the broader continental market.
The FTSE 100 posted a gain of 2.1 percent last week, supported by a plummet in sterling which helped the index's international, dollar-earning firms as well as exporters.
Banking stocks were the biggest fallers, with the FTSE 350 banking index... read more

 
10 October 2016 in Business, Views: 43
Source: Reuters
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