{"id":37245,"date":"2023-08-08T09:15:54","date_gmt":"2023-08-08T09:15:54","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/08\/ftse-100-slips-as-miners-drag-on-china-concerns\/"},"modified":"2023-08-08T09:15:54","modified_gmt":"2023-08-08T09:15:54","slug":"ftse-100-slips-as-miners-drag-on-china-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/08\/ftse-100-slips-as-miners-drag-on-china-concerns\/","title":{"rendered":"FTSE 100 Slips As Miners Drag On China Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks traded lower on Tuesday after data showed China&#8217;s exports and imports both sank at their fastest pace since the 2020 COVID-19 pandemic in July, threatening recovery prospects and reinforcing the need for further stimulus measures from policymakers.<\/p>\n<p>The benchmark FTSE 100 was down 27 points, or 0.4 percent, at 7,527 after closing 0.1 percent lower on Monday.<\/p>\n<p>Miner Glencore tumbled 3.8 percent after half-year profit dropped 50 percent. <\/p>\n<p>Anglo American dropped 1.8 percent and Antofagasta declined 1.2 percent on concerns over slowing growth in China. <\/p>\n<p>Asset manager Abrdn plunged almost 8 percent after reporting a drop in its assets under management. <\/p>\n<\/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 Slips As Miners Drag On China Concerns<\/a><br \/>\n<br \/>2023-08-08 09:15:54<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks traded lower on Tuesday after data showed China&#8217;s exports and imports both sank at their fastest pace since the 2020 COVID-19 pandemic in July, threatening recovery prospects and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-37245","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37245","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=37245"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37246"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}