{"id":16008,"date":"2021-11-12T09:33:40","date_gmt":"2021-11-12T09:33:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/11\/12\/ftse-100-declines-as-dollar-shines\/"},"modified":"2021-11-12T09:33:40","modified_gmt":"2021-11-12T09:33:40","slug":"ftse-100-declines-as-dollar-shines","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/11\/12\/ftse-100-declines-as-dollar-shines\/","title":{"rendered":"FTSE 100 Declines As Dollar Shines"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks fell on Friday as AstraZeneca reported a smaller-than-expected profit and a stronger dollar dented oil and metal prices.<\/p>\n<p>The benchmark FTSE 100 dropped 33 points, or half a percent, to 7,351 after gaining 0.6 percent on Thursday. <\/p>\n<p>Anglo American, Antofagasta and Glencore fell about 1 percent each as the dollar rose against major peers on bets of an earlier-than-expected interest rate.<\/p>\n<p>Oil &amp; gas firm BP Plc lost 1.1 percent and Royal Dutch Shell gave up 1.3 percent as oil fell and headed for its longest run of weekly losses since March.<\/p>\n<p>Drug major AstraZeneca tumbled 3.6 percent after its quarterly operating profit missed consensus estimate. <\/p>\n<p>Redrow rose nearly 2 percent. The housebuilder said its results in the 2022 financial year will approach those achieved in 2019.<\/p>\n<p>Real estate investment trust Land Securities Group gained 1 percent after it announced the sale of Harbour Exchange to Blackstone European Property Income Fund for 196.5 million pounds. <\/p>\n<p>John Wood Group shares plunged 6.2 percent. The company said it has started a strategic review of the part of its Consulting <span class=\"landLinks\">business<\/span> facing the built environment end market. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Declines As Dollar Shines<\/a><br \/>\n<br \/>2021-11-12 09:33:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks fell on Friday as AstraZeneca reported a smaller-than-expected profit and a stronger dollar dented oil and metal prices. The benchmark FTSE 100 dropped 33 points, or half a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-16008","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=16008"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16009"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}