LONDON MARKET MIDDAY: Weak China growth hits London commodities shares

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

London share prices were lower at midday on Tuesday, with the FTSE 100 weighed down by mining and oil shares due to concern about demand from China.

The large-cap index was down 18.76 points, 0.2%, at 7,841.31. The FTSE 250 was down 43.76 points, or 0.2% at 20,038.57. The AIM All-Share was down just 0.05 of a point at 861.54.

The Cboe UK 100 was down 0.3% at 784.42, the Cboe UK 250 was down 0.3% at 17,485.48, and the Cboe Small Companies was down 0.3% at 13,763.95.

AJ Bell’s Russ Mould said London’s flagship index was ‘treading water’ after Chinese fourth-quarter growth figures showed the impact Covid had on the world‘