FTSE 100 dips but stays above 7,000 amid rise in pound, Sensex opens in green

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By Martin in Business
Updated 3 years ago

London's FTSE 100 was dragged lower on Monday and ended the day's trade in red, although it managed to stay above 7,000, a landmark it attained last week for the first time in over a year. The index of leading shares ended 19 points or 0.29 per cent down, at exactly 7,000, while the domestically focused FTSE 250 closed 31 points, or 0.1 per cent down, at 22,490.The drop came amid a strong pound as the currency gained 1 per cent over a weakening dollar to hit a one-month high, and 0.7 per cent against the euro, with £1 buying $1.4...

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