Market round-up: FTSE 100 stagnates as Greek parliament prepares for bailout vote
The FTSE 100 stagnated ahead of a Greek parliament vote on Wednesday night (15 July) on the terms of its third eurozone bailout deal. Investors did not know which way to turn.
Early in the day, the International Monetary Fund criticised the deal as its stands, indicating there may be more trouble may be waiting in the wings.
"Pub group JD Wetherspoon's shares fell after it fired warning salvos over Chancellor George Osborne's plans for a £9 an hour 'living wage' by 2020," says AJ Bell investment director Russ Mould.
The market ended the day flat at 6,753.75, a 0.00% increase from Tuesday 14 July.
Luxury goods maker Burberry was the FTSE 100's biggest faller after sales growth slowed in the first quarter. Underlying sales rose by 8% in the three months to the end of June compared with 11% growth in the previous quarter. The firm, known for its distinctive trench coats and cashmere scarves, was hit by China's economic slowdown.
FTSE 100 biggest risers
- Travis Perkins Plc +60.00 (+2.77%) 2,224.00
- RSA Insurance Group +7.50 (+1.80%) 425.30
- Mondi Plc +24.00 (+1.62%) 1,507.00
- Inmarsat Plc +14.50 (+1.55%) 948.00
- London Stock Exchange Group Plc +39.00 (+1.50%) 2,641.00
FTSE 100 biggest fallers
- GKN Plc -8.90 (-2.79%) 309.60
- Burberry Group Plc -42.00 (-2.59%) 1,578.00
- Randgold Resources -61.00 (-1.47%) 4,102.00
- Glencore Plc -3.35 (-1.35%) 245.20
- Johnson Matthey Plc -34.00 (-1.14%) 2,961.00
FTSE AIM 100 biggest risers
- Scapa Group Plc +12.25 (+5.88%) 220.75
- GW Pharmaceutical +26.00 (+3.90%) 693.00
- Telit Communications Plc +11.00 (+3.70%) 308.00
- Numis Corporation +8.75 (+3.62%) 250.50
- Purecircle Ltd +12.50 (+3.27%) 395.00
FTSE AIM 100 biggest fallers
- Sirius Minerals Plc -1.00 (-5.06%) 18.75
- Xeros Group Plc -12.25 (-4.67%) 250.00
- Epwin Group Plc -4.25 (-3.15%) 130.50
- Velocys Plc -2.75 (-2.94%) 90.75
- Camellia -192.50 (-1.99%) 9,457.50
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