{"id":8769,"date":"2021-04-12T09:18:38","date_gmt":"2021-04-12T09:18:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/12\/ftse-100-drifts-lower-in-cautious-trade\/"},"modified":"2021-04-12T09:18:38","modified_gmt":"2021-04-12T09:18:38","slug":"ftse-100-drifts-lower-in-cautious-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/12\/ftse-100-drifts-lower-in-cautious-trade\/","title":{"rendered":"FTSE 100 Drifts Lower In Cautious Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks fell on Monday, with a stronger pound and falling copper prices weighing on <span class=\"landLinks\">markets<\/span>. <\/p>\n<p>Meanwhile, Prime Minister Boris Johnson urged people to continue to &#8220;behave responsibly&#8221; as shops, hairdressers, restaurants, pubs and gyms reopen their doors today in the latest stage of the <span class=\"landLinks\">coronavirus<\/span> lockdown easing in England.<\/p>\n<p>The benchmark FTSE 100 dropped 36 points, or half a percent, to 6,880 after declining 0.4 percent on Friday. <\/p>\n<p>Miners Anglo American, Antofagasta and Glencore lost 1-2 percent.<\/p>\n<p>Drug developer C4X Discovery jumped 12.7 percent after announcing a licensing deal with Sanofi.<\/p>\n<p>AstraZeneca was marginally lower. The company announced that its DARE-19 Phase III trial for Farxiga (dapagliflozin) in Covid-19 did not achieve statistical significance for the primary endpoint of prevention measuring organ dysfunction and all-cause mortality.<\/p>\n<p>Budget airlines easyJet and Ryanair fell more than 2 percent on brokerage downgrades.<\/p>\n<p>Imperial Brands rose half a percent. The tobacco company said the appointment of Lukas Paravicini as new Chief Financial Officer would be effective on May 19, 2021.<\/p>\n<p>Hammerson was down 2.5 percent. The real estate investment trust confirmed the Group is in talks on terms of a possible disposal of its retail parks portfolio to Brookfield. <\/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 Drifts Lower In Cautious Trade<\/a><br \/>\n<br \/>2021-04-12 09:18:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks fell on Monday, with a stronger pound and falling copper prices weighing on markets. Meanwhile, Prime Minister Boris Johnson urged people to continue to &#8220;behave responsibly&#8221; as shops,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-8769","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\/8769","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=8769"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8770"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}