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FTSE 100 Falls 0.6% as Banks and Energy Stocks Weigh
Vera
By Vera
Markets Editor
The FTSE 100FTSE 100 refers to the FTSE 100, also known as the Financial Times Stock Exchange 100 Index or simply the “Footsie,” is a benchmark index for the largest 100 publicly traded com...Read More fell 0.6% to 10,751.57 by 09:53 UTC on September 18, retreating from a more than one-week high as banking and energy shares weighed on the index. Despite Friday's decline, the UK blue-chip benchmark remained on course for its strongest weekly gain since late July. The FTSE 250 was broadly flat but was heading for its best week since early August. The pullback came after a busy week of UK economic data and the Bank of England's decision to keep Bank Rate at 3.75%.
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