Mondi, miners weigh on UK main index; Aston Martin skids [Reuters (UK)]
INMARSAT PLC ADR (IMASY)
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Source: Reuters
Mondi, miners weigh on UK main index; Aston Martin skids | Reuters 3 Min Read (Reuters) - London’s blue-chip bourse bagged losses for a third straight day as results hurt packaging firm Mondi, miners fell on weak Chinese factory data and Rolls-Royce slipped after dropping out of the race to supply engines for Boeing’s mid-market aircraft. The FTSE 100 ended 0.5 percent lower while the more domestically focused FTSE 250 handed back the day’s losses to be up 0.1 percent as Inmarsat jumped on M&A chatter. Although both indexes recorded a second monthly gain, they still underperformed their European peers as Brexit uncertainties weighted. Investor sentiment was grim as the White House said U.S. President Donald Trump and North Korean leader Kim Jong Un did not reach an agreement at the end of two days of meetings. Data meanwhile showed factory activity in China shrank to a three-year low in February. “... with hopes of a deal with China on trade not exactly fading, but certainly not risin
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