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FTSE 100 plummets as virus cases skyrocket

by LLB Editor
29th Oct 20 11:09 am

Like an imperilled climber the FTSE 100 was left clinging to the rock face this morning after its big plummet.

AJ Bell investment director Russ Mould said: “Helping stabilise the index, after last night’s news that France is entering a nationwide lockdown, was positive news for income investors from BT, top of the leaderboard as it flagged the likely resumption of dividends, and Royal Dutch Shell which increased its own pay-out on better than feared third quarter numbers.

“After yesterday’s big sell off on Wall Street, investors will be watching the US open closely to see if the recovery implied by trading in futures markets materialises.”

 

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