FTSE 100 ends lower but logs best quarter in a decade

Financial Post | Jun 30, 2020 at 6:42 PM
  • London’s FTSE 100 fell on Tuesday after data showing Britain’s economy shrank by the most since 1979 in the first three months of the year took the shine off one of the strongest quarters for UK stocks since the global financial crisis.
  • Gross domestic product dropped by a quarterly 2.2% between January and March, while Prime Minister Boris Johnson in a speech on Tuesday, promised to fast-track 5 billion pounds ($6.15 billion) of infrastructure investment to steer the economy out of the downturn.
  • The mid-cap FTSE 250 eased 0.5%.