European stocks end four-day winning run as UK's FTSE drags

European stocks end four-day winning run as UK's FTSE drags

Malay Mail Online - Money·2020-08-14 15:03

The pan-European STOXX 600 closed 0.6 per cent lower, with London's FTSE 100 sliding 1.5 per cent. ― Reuters pic

FRANKFURT, Aug 14 ― European stocks broke a four-day winning streak yesterday as ex-dividend trading and a stronger pound hit the UK's blue-chip companies, while investors sold off banks and energy stocks that have outperformed this week.

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