September 20, 2019 / 7:39 AM / 8 months ago

FTSE 100 loses ground as exporters slip, Rolls-Royce topples

(For a live blog on European stocks, type LIVE/ in an Eikon news window)

* FTSE 100 down 0.3%, FTSE 250 up 0.2%

* Rolls-Royce falls on repair delay

* Dollar earners weigh

Sept 20 (Reuters) - Britain’s top share index edged lower on Friday as exporter stocks weakened on the back of a firmer sterling, driven by rising hopes of a Brexit deal, and Rolls-Royce tumbled after longer-than-expected repairs of its Trent 1000 engines.

The FTSE 100 slipped 0.3% by 0715 GMT, while the domestically-focussed FTSE 250 index inched 0.2% higher.

Hopes of a Brexit deal after European Commission President Jean-Claude Juncker said on Thursday that one was possible, helped the pound extend overnight gains against the dollar to a two-month high.

Dollar-earners such as Unilever and HSBC weighed on the main index.

Rolls-Royce lost 3.3% after the engine-maker said it expects problems with its Trent 1000 engines to take longer to fix. (Reporting by Yadarisa Shabong in Bengaluru Editing by Andrew Heavens)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below