Sterling rally hurts FTSE as Brexit and growth anxieties dominate [Reuters (UK)]
Barrick Gold Corporation (BC) (GOLD)
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Source: Reuters
Sterling rally hurts FTSE as Brexit and growth anxieties dominate | Reuters 6 Min Read LONDON (Reuters) - Concerns about growth, doubts about a U.S.-China trade truce, and a rising pound drove Britain’s top stock index down on Tuesday, while precious metal miners regained their lustre as gold prices rallied. The FTSE 100 .FTSE closed down 0.6 percent with the stronger sterling dragging on its exporter-heavy constituents. Still, the market outperformed its euro-zone peers due to gains in its heavyweight oil and gold mining sectors and a flight to defensive stocks, popular at times of economic turmoil. But as investors’ optimism on a deal between U.S. President Donald Trump and Chinese President Xi Jinping to delay tariffs evaporated, concerns about Brexit returned. The currency rose as much as 0.9 percent after an adviser to the European Union’s highest court said Britain should be allowed to unilaterally revoke its departure notice. Investors were on tenterhooks as the British parliam
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GOLD
Earnings
- 2/14/24 - Beat
GOLD
Sec Filings
- 3/28/24 - Form 6-K
- 3/15/24 - Form 6-K
- 3/15/24 - Form 6-K
- GOLD's page on the SEC website