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FTSE 100 closes in red, oil prices at four month peak, Pfizer sells down Haleon [Video]

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Home Based Business
  • FTSE 100 3 points lower at 7,724
  • Oil prices at four-month high
  • Eurozone inflation slows to 2.6%

16:43pm: FTSE 100 ends day in red

London’s blue-chip index closed the day 4 points lower at 7,722.

15:59pm: FTSE 100 to close flat 

The FTSE 100 is set to close flat on Monday, having failed to pick up any momentum throughout the day.

London’s top index is down around 3 points at 7,724 with the largest movement coming from a 4.5% fall in Phoenix Group shares.

Phoenix Group, Britain’s largest pension firm, revealed over the weekend that it has set aside £70 million in a bid to cover the costs of reducing customer charges.

Other fallers included BT Group and Vodafone, both of which fell 3%.

It comes after Vodafone targetted BT with its “Great British Telecoms Switch” campaign, offering customers £100 if they switch over to its services.

FTSE 100 risers included British American Tobacco and Beazley, which lifted 2.5%.

The FTSE 250 also kept flat on Monday, …

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