Left Menu
Development News Edition

UK shares rise for second straight day; virus fears persist

UK shares rise for second straight day; virus fears persist
Representative Image Image Credit: Flickr

UK shares continued their rebound, albeit in subdued trading, after a steep sell-off earlier this week on rising fears over the potential impact from the coronavirus, while dealers also looked ahead to a U.S. Federal Reserve policy meeting. The FTSE 100 index rose 0.4% and the FTSE 250 index , which slumped more than 2% on Monday, climbed 0.3% on Wednesday.

The death toll from the China-linked virus has risen to 132. Investors are still mulling over how the outbreak will affect the global economy. Meanwhile, the Fed is likely to leave interest rates unchanged, but may address future headwinds due to the virus. Overall trading volume was light. McCarthy & Stone slid 5% as its biggest shareholder plans to slash its stake in the midcap retirement homebuilder.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.



Future of Food: Technology fostering the road to global food security

Technological innovation can help address most of the pressing issues facing the world today including food security by enhancing productivity, improving financial services, managing resources, addressing environmental concerns, etc....

Conspiracy theories on COVID 19: Legislators, Scientists, and Journalists all joined the Caravan

Conspiracy theories are not new for virus epidemics. There have been conspiracy theories on HIV-AIDS, Polio Vaccines, Ebola Virus, and several other diseases as well. However, what makes the 2019 Novel Coronavirus different from others is ...

Now it’s a war, Uganda deploys army to combat locust swarms

Its for the first time after 1986, the locust swarms have attacked Uganda twice in a season. With the increasing number of countries of Africa under attack by locust swarms, the problem seems to have taken a regional paradigm. Its very diff...

Top 10 Fake News, Myths and Realities on 2019 Novel Coronavirus COVID 19

With nearly 1500 deaths by January 14 and around 65,000 infections in China, the Novel Coronavirus 2019 has become one of the worst health epidemics of the 21st Century. However, 8,573 people have been cured but the rumor mongers are a...


Latest News

Mayank hits fifty as India reach 78/2 in second innings at tea on Day 3

India were 78 for 2 in their second innings at tea on the third day of the first Test against New Zealand here on Sunday. Mayank Agarwal was batting on 52 as India piled up the runs in 32 overs.Prithvi Shaw 14 and Cheteshwar Pujara 11 were ...

NHL notebook: Caps’ Ovechkin scores 700th goal in loss

Washington Capitals captain Alex Ovechkin became the eighth member of the NHLs 700-goal club on Saturday after scoring 450 into the third period during a 3-2 loss to the New Jersey Devils in Newark, N.J. Ovechkin, 34, scored his milestone g...

WRAPUP 1-China reports fewer coronavirus cases outside epicentre, cases surge in S. Korea

China reported another fall in the new coronavirus infections outside of its epicenter on Sunday, but world health officials warned it was too early to make predictions about the outbreak as new infections and fears of contagion increased e...

Collins ties career high (35 points) as Hawks sink Mavs

John Collins tied his career-high with 35 points and Trae Young scored 13 of his 25 points in the fourth quarter to help the host Atlanta Hawks overcome an 11-point deficit in the period to defeat the short-handed Dallas Mavericks 111-107 o...

Give Feedback