A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett/File Photo
- FTSE 100 down 0.3%, FTSE 250 flat
Sept 7 (Reuters) – London’s FTSE 100 index edged lower on Tuesday, weighed down by banks and brokerages, while DS Smith jumped to the top of the index after an upbeat trading update.
The domestically focused mid-cap FTSE 250 index (.FTMC) was flat.
DS Smith (SMDS.L) gained 3.3% as J.P.Morgan raised its price target on the cardboard maker’s stock after it said trading continued to progress well in line with the trends.
Reporting by Devik Jain in Bengaluru; Editing by Saumyadeb Chakrabarty
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