(Alliance News) – Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.
The FTSE 100 index opened down 42.14 points, 0.6%, at 7,418.56. The FTSE 250 was down 60.81 points, 0.3%, at 18,377.74, and the AIM All-Share was down 1.66 points, 0.2%, at 713.29.
The Cboe UK 100 was down 0.6% at 740.58, the Cboe UK 250 was down 0.4% at 15,927.04, and the Cboe Small Companies was slightly lower at 13,425.19.
In European equities on Tuesday, the CAC 40 in Paris was down 0.4%, while the DAX 40 in Frankfurt was down 0.1%.
UK shop price inflation fell for the sixth month in a row in November, hitting levels not seen since June 2022, figures showed.
Annual inflation decelerated to 4.3% in November, down from 5.2% in October, according to BRC-Nielsen Shop Price Index data. This is below the three-month average rate of 5.3%.
Non-food inflation cooled to 2.5% in November, down from 3.4% in October, below the three-month average rate of 3.5%. Food inflation eased to 7.8% in November, down from 8.8% in October, below the three-month…
