Pages

Tuesday, February 10, 2015

FTSE falls on Greece, Ukraine, China woes, Royal Mail hit by downgrade

Mining shares fall after weak Chinese data but supermarkets lifted by latest share figuresLeading shares are heading lower on a combination of worries, from the standoff between Greece and the rest of the eurozone, the growing concerns about Ukraine, as well as week economic data from China.The biggest faller in the FTSE 100 has been hit by more local concerns. Royal Mail is down 17.9p at 436.6p after JP Morgan Cazenove downgraded from overweight to neutral and cut its price target from 575p to 505p, citing worries about the outlook and increased competition in the delivery market. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com