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UK shares end lower, extending losses
Ocado soars (Il Sole 24 Ore Radiocor) - London, 16 Jul - UK shares closed lower, extending recent losses, amid cautious trading.
Investors continued to digest a slowdown in China and the impact an assassination attempt on former US President Donald Trump at a rally over the weekend that boosted expectations the Republicans will win the presidential elections against incumbent Joe Biden.
Among individual stocks, Ocado rose 5.90% at 360.50 pence after the retailer raised its cashflow targets.
While Rio Tinto fell 2.33% at 5,071.00 pence after the miner left its production guidance largely unchanged for 2024.
The London FTSE 100 closed down 0.22% at 8,164.90 points.
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(RADIOCOR) 16-07-24 18:26:17 (0658) 5 NNNN