The United Kingdom markets just as the global markets have been doing good this week, but this all changed in Thursday as the markets dipped a little causing a frenzy and leading the investors again In uncertainty which was in the markets for a very long time and only recently it was removed with great effort. The markets on Thursday took a hit as the United States signed a law that has been in favor of hong Kong which will be agitating the Chinese, and this will be resulting in more uncertainty of the trade talks that have been long-awaited.
Stocks in the United Kingdom market saw some lows but still the market was doing fine at least the market did not see those steep lows which will take months to recover from and at a point in the Thursday trading we saw that the FTSE 100 was down by .3 percent which amounts to 22.92 points taking the index to 7,406.86. Virgin Money UK was the only stock that saw some major growth as the stock bounced to an amazing 22.5 percent, and this was despite it reporting a statutory loss of 194 million euros.
While most of the stocks failed at the FTSE index, we only saw gains from Virgin that were noteworthy. Other stocks saw some major blowdowns like Premier asset management tumbled 5 percent, The Go-Ahead Group fell 2.9 percent.
Tags : United Kingdom market, Stocks, ,