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FTSE 100 in flat end to Tuesday trade | |
(about 5 hours later) | |
(Close: London's shares ended all but flat in Tuesday trade after Monday's widespread sell-off. | |
The FTSE 100 index rose at the start of the day, but was down 10.37 points at 6,808.27 points. | |
On Monday, the index fell 1.32%, with only a few stocks rising, while the pound flirted with its lowest level against the euro since Brexit. | On Monday, the index fell 1.32%, with only a few stocks rising, while the pound flirted with its lowest level against the euro since Brexit. |
In Tuesday morning trading, sterling had regained some ground against the euro, rising 0.6% to €1.16. | |
Against the dollar, it made it back over $1.30 to $1.3020, after rising 0.2%. | |
Among the worst performers on the FTSE 100 on Tuesday had been plumbing and building supplies firm Wolseley, which fell 4.3% after announcing plans to close 80 branches and cut 800 UK jobs. | |
That later picked up some of the lost value to end down 1.3%. |