FTSE 100 Falls 0.75% Due to HSBC's Performance
Published
The FTSE 100 index, which comprises the largest companies listed on the London Stock Exchange, fell by 0.75% to reach 10,686.54 points. This is its largest one-day decline in about a month.
HSBC shares were among the most prominent factors that negatively affected the index in this session. The bank is one of the largest in the world, which is why markets closely monitor the movement of its shares.
In contrast, the FTSE 250 index, which tracks mid-sized companies, rose by 0.93%. This means that the performance of large and mid-sized companies was not similar in this session.
Caution continues to prevail in the British markets regarding the public budget, according to the report. These news items are expected to have limited impact on the Saudi reader, as they relate to the movement of a financial market in London rather than a major global event.
Sources: شبكة تواصل الإخبارية
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