View the article online at http://citywire.co.uk/money/article/a561126
FTSE wavers amid talk of ECB ‘haircut’ on Greece
Euro drops below $1.30 again; US Federal Reserve prepares to reveal its policymakers’ interest rate projections.
But Ashmore (ASHM.L) was the biggest gainer, jumping 15p to 370p, after Barclays Capital upgraded the emerging markets-focused asset manager to ‘overweight’ from ‘equal weight’.
Lloyds (LLOY.L) was the biggest loser on the index, shedding 0.8p to 30.93p, amid the fears over Europe and concerns over a return to recession in Britain – to whose economy the lender is mostly exposed. Official figures showed earlier that the UK economy contracted more than expected in the fourth quarter.
News sponsored by:
Here at BlackRock, we help investors make more out of commodities with a range of innovative, flexible and resilient investment strategies.
From Brazil and Mexico, to Vietnam and Nigeria, the rapidly developing economies of Latin American and frontier markets, which are some of the smaller, less developed economies in the world, provides investors with a wealth of potential opportunities. Discover why BlackRock's investment trust range is well placed to help you make more of these exciting regions.
In this guide to investment trusts, produced in association with Aberdeen Asset Management, we spoke to many of the leading experts in the field to find out more.
More about this:
Look up the shares
More from us
- Pound hits 15-month high vs euro as debt woes slap markets
- UK recession threat: can we dodge the double dip?
- FTSE Share Prices & Performance
Tools from Citywire Money
From the Forums
Weekly email from The Lolly
Get simple, easy ways to make more from your money. Just enter your email address below
An error occured while subscribing your email. Please try again later.
Thank you for registering for your weekly newsletter from The Lolly.
Keep an eye out for us in your inbox, and please add firstname.lastname@example.org to your safe senders list so we don't get junked.