A string of weak results weighed heavily on investor sentiment yesterday, keeping UK stocks from participating in a rally across European markets. The mood seemed to live up to a message from Bank of America Merrill Lynch analysts, who said: “Happy bullish year EU (27 that is, not the other one).”While European shares hit their highest level in more than two years amid general confidence in global economic growth and mergers and acquisitions, in London the FTSE 100 and the FTSE 250 both fell by 0.36 per cent to close down 27.71 points at 7,696.51 and off 76 points at 20,856.56 respectively. Meanwhile, Germany’s DAX and the Paris CAC 40 both gained 0.4 per cent and the pan-European Stoxx 600 index closed up 0.3…

Source: The Times January 09, 2018 00:10 UTC