FTSE 100 eases after four-day rally; Burberry slips [Reuters (UK)]
HARGREAVES LANSDOWN ADR (HRGLY)
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Source: Reuters
FTSE 100 eases after four-day rally; Burberry slips - Reuters 2 Min Read (Reuters) - London’s main index fell on Friday as dealers locked in profits after four straight sessions of gains amid lingering worries over the coronavirus, and as luxury brand Burberry skidded after blaming the outbreak for hurting demand. The China-linked virus has killed more than 600 people so far, including a doctor who was among the first to sound an alarm over its outbreak. Authorities continue to implement containment measures. The FTSE 100 .FTSE , which had risen 3% this week, gave up 0.2%. Investment platform Hargreaves Lansdown ( HRGV.L ) shed 4% after a discounted share sale by its co-founder and largest investor. Burberry ( BRBY.L ) slid 3% after it said the coronavirus outbreak was hurting luxury demand in key markets in the Chinese mainland and Hong Kong, and anticipated the situation would worsen over the coming weeks. The FTSE 250 .FTMC was roughly flat in early deals. Reporting by Shashwat
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