FTSE100 slides as global worries mount
FTSE 100 was 30 points lower at 5,774 with oil stocks again bearing the brunt
Company
LON:SPD
Frasers Group plc, formerly Sports Direct International plc, is a British retailing group. Established in 1982 by Mike Ashley, the company is the United Kingdom's largest sports-goods retailer and operates roughly 670 stores worldwide.
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FTSE 100 was 30 points lower at 5,774 with oil stocks again bearing the brunt
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After briefly venturing back above 6,000, the Footsie saw its gains trimmed as US markets turned lower.
UK sports chain buys US retail stakes to develop commercial links
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Electronics group sparked up on potential interest from US rival
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Precious metal explorer Wishbone said it was in talks to buy a "complementary business"
Some of the main share price movers in London at 1.30pm
Sports Direct is the latest retail to blame the weather for a weaker than expected trading.
The weakness of resource stocks is threatening to spoil the Footsie's attempts to end the week on an upbeat note
A report claimed Sports Direct had appointed Michael Murray as a property director
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FTSE100, the UK's premier share index, closed out the year around 25 points lower in a curtailed trading day...
All staff will receive more than the minimum wage from the start of the New Year
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The index closed around 2.6% higher, or 157 points, to 6,240
The FTSE100 lost around 36 points to 6,605 by lunch after three consecutive days of gains.
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The UK’s main market looks set to end the week around 2.5% higher
The British billionaire and leisure-wear magnate will make sure Sports Direct not only meets legal obligations but also provides a good environment for the entire workforce, the company said.
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ASOS, Boo and SuperGroup to have full stockings, while M&S, Halfords and SPorts Direct may be disappointed says Peel Hunt
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Just where is the sports retailer headed? Down by the look of it.
Investments and investor services
A half-hearted rally failed to wipe out the morning's losses.
The index had lost around 23 points by lunch to 6,103
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