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Business · 1 hour ago

FTSE 100 index drops slightly as bank and telecom shares lose ground

FTSE 100 index drops slightly as bank and telecom shares lose ground

The blue-chip stock market finished Tuesday 0.29% lower at 10,708.33 points. Financial giants including HSBC and Standard Chartered dragged the board down, while network operator BT Group saw its own shares drop by 3.8%. Meanwhile, oil values reached their lowest point in a fortnight as traders anticipate better Gulf shipping flows following potential US-Iran discussions.

Reported by Reuters · How we write briefs

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