Britain's benchmark share index, the FTSE 100 dropped close to 0.8% Thursday, dragged down by a troubling set of retail sales data and a hawkish interest rate hold from Bank of England during the day.
ADVERTISEMENT
The FTSE 100 dropped after a terrible set of retail data on Thursday
Five members of the bank's MPC voted to leave rates on hold, while three voted for a hike.
The FTSE closed down by 0.76% to end trade at 7,417 points, with retailers including Next and Dixons Carphone among the biggest losers, dropping 6.1% and 5.3% respectively.
Here is the chart of the FTSE's performance on the day:
Many of the other European markets suffered similar losses,
ADVERTISEMENT
Here is the scoreboard:
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Here's everything to know about being a virgin on your wedding night
7 do's and don’ts of the Holy month of Ramadan
Top 5 sweetest celebrity mother-child relationships that stand out for us
International Women's Day: 5 Nigerian female celebrities championing women’s rights
Top 5 female directors in Nollywood
6 things that will break a Muslim's fast during Ramadan
5 benefits of fasting during Ramadan
5 reasons Easter was more fun when we were children
Dos and don’ts of supporting Muslims during Ramadan
ADVERTISEMENT