Sterling dipped against the dollar and the euro on Wednesday (Joe Giddens/PA)A dropping pound caused by souring UK-EU relations helped save the FTSE 100 from a hole dug by its own miners on Wednesday. It was the steadily dropping pound that lent some support to the FTSE. Yet despite the falling pound, the FTSE was still lower. It has been a turbulent first week of trading for Thungela after it was hit by a short-seller before its shares started trading. Ryanair was up 1.5% while IAG, which owns British Airways, was top of the FTSE 100 after gaining 3.3%.

Source: Irish Independent June 09, 2021 16:30 UTC