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Evening Standard
Evening Standard
Jeremy Cutler

FTSE 100 closes lower as drugs firms GSK and AstraZeneca struggle

GSK AstraZeneca Donald Trump United States Jerome Powell Oil DCC Energy Capital Partners Howden Joinery Iran
A general view of the Canary Wharf skyline (Jonathan Brady/PA) - (PA Archive)

The FTSE 100 closed lower on Wednesday, held back by falls for drugs firms GSK and AstraZeneca, while oil surged amid reports that the US is eyeing a longer blockade of the Strait of Hormuz.

The FTSE 100 closed down 119.68 points, 1.2%, at 10,213.11. The FTSE 250 ended down 198.55 points, 0.9%, at 22,200.87, but the AIM All-Share rose 1.53 points, 0.2%, at 788.43.

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