Trading EconomicsTrading Economics

FTSE 100 Pulls Back from Multi-Month High

Equities in London ended Monday's session lower, with the blue-chip FTSE 100 pulling back from a three-month peak to around 7,470 points, dragged by the real estate and financials sectors.

The export-oriented index came under pressure as growing unrest in China over coronavirus-related restrictions clouded the outlook for growth in the world's second-largest economy while denting the appetite for riskier assets.

Regarding individual share price movement, Admiral Group and Melrose Industries were among the biggest laggards on the index, down roughly 4% and 3%, respectively.

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