{"id":37447,"date":"2023-08-14T09:35:56","date_gmt":"2023-08-14T09:35:56","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/14\/ftse-100-drops-as-mining-and-energy-stocks-drag-on-china-concerns\/"},"modified":"2023-08-14T09:35:56","modified_gmt":"2023-08-14T09:35:56","slug":"ftse-100-drops-as-mining-and-energy-stocks-drag-on-china-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/14\/ftse-100-drops-as-mining-and-energy-stocks-drag-on-china-concerns\/","title":{"rendered":"FTSE 100 Drops As Mining And Energy Stocks Drag On China Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks were moving lower on Monday, with mining and energy stocks retreating on concerns about the <span class=\"landLinks\">health<\/span> of Chinese <span class=\"landLinks\">economy<\/span>.<\/p>\n<p>The benchmark FTSE 100 was down 12 points, or 0.2 percent, at 7,512 after losing 1.2 percent on Friday.<\/p>\n<p>Miners Anglo American and Glencore both fell over 1 percent as the dollar firmed up on risk aversion amid concerns over China&#8217;s embattled property sector. <\/p>\n<p>Concerns mounted around Country Garden, a major property developer in China which is now on the brink of default.<\/p>\n<p>China&#8217;s new bank loans tumbled in July and other key credit gauges also weakened, deepening investor concerns about the health of the world&#8217;s second largest economy.<\/p>\n<p>Weaker oil prices sent energy stocks lower, with BP Plc and Shell both falling around 1 percent. <\/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 Drops As Mining And Energy Stocks Drag On China Concerns<\/a><br \/>\n<br \/>2023-08-14 09:35:56<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were moving lower on Monday, with mining and energy stocks retreating on concerns about the health of Chinese economy. The benchmark FTSE 100 was down 12 points, or&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-37447","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37447","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=37447"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37448"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}