The FTSE 100 traded lower on Friday, despite reaching a three-month high earlier in the week, as investors continued to fret about the trade dispute between the US and China. The FTSE 100 traded lower on Friday, despite reaching a three-month high earlier in the week, as investors continued to fret about the trade dispute between the US and China. London’s blue-chip index closed 22.40 points, or 0.32%, down at 7,071.18, while Germany’s DAX fell 1.05% and France’s CAC declined 0.48%. The biggest risers on the FTSE 100 were Ocado up 30.6p to 904.4p, Barratt Developments up 10p to 563p, Burberry up 23.50p to 1,869p, and GlaxoSmithKline up 18.4p to 1,564.8. The biggest fallers on the FTSE 100 were Melrose Industries down 8.2p to 156.75p, TUI down 41.20p to 913.4p, Hargreaves Lansdown down 71.5p to 1,633.5p, and Prudential down 40.5p to 1,478p.

Source: Irish Independent February 08, 2019 17:15 UTC