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Evening Standard

Business

Jeremy Cutler

Blue chips falter amid wait for Middle East deal

United States Iran Oil London Endeavour Mining Fresnillo Goldman Sachs Hiscox JD Sports Fashion Relx

The FTSE 100 closed down 161.71 points, 1.6%, at 10,276.95 (PA) - (PA Wire)

The FTSE 100 struggled on Thursday on a mixed day for stocks in London, and despite fresh falls in the oil price, as investors await fresh developments in the Middle East.

“The wild streak of enthusiasm which hit markets amid hopes for a major de-escalation in the Iran conflict is tempering,” said Susannah Streeter, chief investment strategist at Wealth Club.

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