UK Market Update Fri 17 May 19: Pound Takes Another Pounding, Markets Flat
GBP’s drop to even lower lows boosted the big caps today as the FTSE100 gained 0.75% with the 250 ignoring the currency weakness and adding 0.8%. GBP versus USD is at Feb 19 lows. It is also worth noting that today was ex-div day for GSK, RDSB, ITRK, HSBC which would normally weigh heavily on the index. … Read More