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UK markets end week in the red as volatile pound puts pressure on exporters

UK stocks ended Friday back in the red as the pound had a volatile day against the dollar and euro, leaving investors with mixed messages about domestic earning stocks versus UK exporters. Britain's Supreme Court continued to deliberate on whether Prime Minister Boris Johnson's recent proroguing of parliament was unlawful. Sterling lost around 0.3% versus the dollar at the close, although staged a rally against the euro, ending the session up 0.04%. At the close the benchmark FTSE 100 index was off 11.5 points, or about 0.2%, at 7,344.52. LARGE CAP MOVERS UK domestic strength was illustrated by firm housebuilder share prices,... Read More

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