Egypt unrest brings market pressure

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;egypt-unrest-brings-market-pressure&period;jpg"><img class&equals;"alignnone size-full" title&equals;"The FTSE 100 Index fell 47&period;2 points to 5834&period;7" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;min-egypt-unrest-brings-market-pressure&period;jpg" alt&equals;"The FTSE 100 Index fell 47&period;2 points to 5834&period;7"&sol;><&sol;a><&sol;p>&NewLine;<p>European markets are under pressure amid fears the current unrest in Egypt could cause instability across the oil-rich Middle East&period;<&sol;p>&NewLine;<p>The FTSE 100 Index fell 47&period;2 points to 5834&period;7&comma; with travel-based stocks such as InterContinental Hotels&comma; TUI Travel and British Airways owner International Consolidated Airlines Group among the leading fallers&period;<&sol;p>&NewLine;<p>The price of Brent crude remained near 100 US dollars a barrel after spiking on Friday&comma; while the US dollar strengthened as traders sought refuge in traditional safe haven currencies&period;<&sol;p>&NewLine;<p>Heavyweight banks such as Barclays were shaken by the uncertainty&comma; with the UK heavyweight down 8p at 290&period;2p&comma; a drop of nearly 3&percnt;&period;<&sol;p>&NewLine;<p>With Thomson holidays owner TUI Travel cancelling flights to the Egyptian city of Luxor&comma; shares in the FTSE 100 Index company dropped 6&period;9p to 252&period;9p&period;<&sol;p>&NewLine;<p>Newly-merged BA and Iberia firm IAG dropped 7&period;1p to 252&period;9p&comma; while InterContinental Hotels slipped 32p to 1297p&period;<&sol;p>&NewLine;<p>Greene King topped the FTSE 250 Index risers board after it became the latest pubs group to reveal resilient trading over the festive period&period;<&sol;p>&NewLine;<p>The group&comma; which saw shares rise 2&percnt; or 9&period;3p to 457&period;8p&comma; forecast more profitable growth over the rest of the financial year and announced the £55&period;8 million acquisition of restaurant business Cloverleaf&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-691b93ae5846b">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-691b93ae5846b'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


Discover more from London Glossy Post

Subscribe to get the latest posts sent to your email.

- Advertisement -
Exit mobile version