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FTSE 100 slips as oil, travel stocks weigh

Published 18/01/2021, 09:19
Updated 18/01/2021, 09:24
© Reuters.

© Reuters.

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 down 0.3%, FTSE 250 flat

Jan 18 (Reuters) - London's FTSE 100 slipped on Monday as a
slide in crude oil prices weighed on energy majors, while
tighter restrictions on businesses raised concerns about the
near-term economic impact.
The blue-chip FTSE 100 index .FTSE fell 0.3% by 0803 GMT,
while the domestically focussed mid-cap FTSE 250 index .FTMC
was flat.
Oil heavyweights BP BP.L and Royal Dutch Shell RDSa.L
fell close to 2% each as crude prices slid. O/R
Travel and leisure stocks, including British Airways-owner
IAG ICAG.L , EasyJet EZJ.L , shed between 2% and 3% as
passengers travelling to Britain are mandated to have a recent
negative COVID-19 test and be prepared to quarantine at home for
10 days on arrival.
As Britain presses ahead with Europe's fastest rollout of
COVID-19 vaccines, foreign minister Dominic Raab remained
hopeful of some easing in lockdown restrictions in March.

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