Markets end week on a downer amid fears for economies

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Markets end week on a downer amid fears for economies via IrishTimesBiz

was down almost 1.4 per cent, while shares inLondon’s markets also sank into the red again and the pound tumbled as economic gloom descended on the City again ahead of central bank meetings next week. The FTSE 100 ended the day down 45.39 points, or 0.62 per cent, at 7,236.68.jumped in value after it reached a deal to sell payments business Pay360 in a transaction that values the firm at £150 million .

Capita shareholders firmly welcomed the sale as shares grew by 3.22p to 28.74p at the end of trading.made some positive inroads after announcing it had reappointed former chief Rowan Gormley as an adviser to help with the firm’s next strategy. It comes just days after a representative for one of its biggest shareholders left the board and the firm said it would review plans for the next 18 months. Shares rose 8.85p to 99.9p.

 

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