FTSE treads water but outperforms European rivals
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. It came amid problems for some of the FTSE’s property groups, including student landlord Unite, commercial landlord Landsec, and online property finder Rightmove. After the big gains of last week, European markets have spent the day taking a bit of a pause for reflection, with the FTSE 100 edging higher, while the FTSE 250, Dax and Cac 40 have all struggled Michael Hewson, CMC Markets October’s PMI score was the second worst the sector has seen since the extreme plunges during the early days of the Covid-19 pandemic. “After the big gains of last week, European markets have spent the day taking a bit of a pause for reflection, with the FTSE 100 edging higher, while the FTSE 250, Dax and Cac 40 have all struggled,” Michael Hewson, chief market analyst at CMC Markets, said.