{"id":9183,"date":"2021-04-26T09:48:31","date_gmt":"2021-04-26T09:48:31","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/26\/ftse-100-subdued-as-pound-strengthens\/"},"modified":"2021-04-26T09:48:31","modified_gmt":"2021-04-26T09:48:31","slug":"ftse-100-subdued-as-pound-strengthens","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/26\/ftse-100-subdued-as-pound-strengthens\/","title":{"rendered":"FTSE 100 Subdued As Pound Strengthens"},"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 were little changed in cautious trade on Monday as a firmer pound weighed on heavyweight export-oriented companies. <\/p>\n<p>The benchmark FTSE 100 was down 2 points at 6,936 after ending on a flat note Friday.<\/p>\n<p>Consumer goods company Unilever, beverage company Diageo and tobacco firm British American Tobacco all fell over 1 percent as the pound strengthened on optimism about the economic outlook. <\/p>\n<p>Miners gained ground, with Antofagasta climbing 1.6 percent and Glencore adding 0.7 percent after copper prices hit their highest in over 10 years.<\/p>\n<p>Rolls Royce Holding shares soared 4.5 percent after the aerospace company said it was in constructive talks with Spain over the sale of its Spanish unit ITP Aero. <\/p>\n<p>Engineering firm IMI surged 7.7 percent after lifting its full-year earnings guidance. <\/p>\n<p>Travel-related stocks such as EasyJet and International Airlines Group jumped around 4 percent on hopes of a revival in travel demand. <\/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 Subdued As Pound Strengthens<\/a><br \/>\n<br \/>2021-04-26 09:48:31<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were little changed in cautious trade on Monday as a firmer pound weighed on heavyweight export-oriented companies. The benchmark FTSE 100 was down 2 points at 6,936 after&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9184,"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-9183","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9183","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=9183"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9184"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}