Britain's top share index edged lower on Friday as exporter stocks weakened...
- Britain’s top share index edged lower on Friday as exporter stocks weakened on the back of gains in sterling driven by rising hopes of a Brexit deal, while Rolls-Royce tumbled after delays to repairs of its Trent 1000 engines.
The FTSE 100 was down 0.3% by 0815 GMT, while the domestically focused FTSE 250 index was 0.4% higher as it tracked gains in the local currency. Rolls-Royce tumbled 3.6% after the engine-maker said it expects problems with its Trent 1000 engines to take longer than expected to fix. “It’s not shaping up to be the most thrilling session, in what has turned into a rather damp-squib second half of the week, the markets struggling for direction following the Fed’s mixed bag statement on Wednesday evening,” Spreadex analyst Connor Campbell said.
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