UK stocks dipped in morning trading, taking the shine off of what has been their fastest-rising quarter for a decade. The FTSE 100, London’s index of blue-chip stocks, fell 52.93 points, or 0.9 per cent, in early deals to 6,172.84 as growing concerns over a potential second wave of infection, particularly in the United States, more than offset further evidence of a recovery in the Chinese economy. Despite the poor finish to June, the index has climbed 9 per cent this quarter, its best three-month run since the summer of 2010. However, it is significantly lower than in January, when it was above 7,600 points. The FTSE 250, home to more UK-focused companies such as Royal Mail and Marks & Spencer, shed 37.26

Source: The Times June 30, 2020 11:03 UTC