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Shares head south on European rate/growth fears2000-09-26 09:00:00
harbinger of inflation ? And consumer spending in France showing its biggest decline in four years.
The question of whether to push interest rates up, or keep them on hold, is becoming an increasingly difficult one for it to call.
Meanwhile, tech related issues with a significant European presence saw the biggest losses; but the numbers on the main market, at least, could have been a lot worse had it not been for small gains made by major Footsie constituent Vodafone . It ended 3.50p up at 245.75p.
Among tech stocks themselves, Sema Group shed 39p to 1145p, Computacenter eased 16p to 365p, Arm Holdings gave up 9p to 760p, Infobank International slumped 65p to 840p and Baltimore Technologies softened 17p to 683p.
Elsewhere, the usual bid /merger speculation wafted around the market, though Monday's speculation that KingfisherBack
2000-09-26 09:00:00 © Moneyextra.com
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