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FTSE 100 Live: Stocks seen falling further

Published 22/10/2024, 07:13
© Reuters.  FTSE 100 Live: Stocks seen falling further
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Proactive Investors - Futures had London’s blue chips falling a further 40 points to 8,326 ahead of Tuesday’s open, following a 40-point decline on Monday.

A 4.2% gain by Fresnillo PLC (LON:FRES) on the back of a new record for gold and silver's highest price in over a decade had failed to offset declines from a string of blue caps in London on Monday.

Overnight, Asian markets largely dipped into the red as investors continued to mull over cuts to benchmark lending rates from the People’s Bank of China earlier in the week.

Back in London, attention turns to a trading update from Holiday Inn owner Intercontinental Hotels Group PLC (LON:IHG) and public borrowing figures on Tuesday.

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