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With weakening commodity prices, FTSE 100 slips into red territory

FTSE

U.K. shares fell slightly in choppy trade Monday, as losses among commodity-related stocks overshadowed gains in the banking and construction sectors.

Amid lack of fresh triggers, investors look ahead to Fed Chair Janet Yellen’s speech at Jackson Hole later this week for clarity on the pace of future rate increases.

The benchmark FTSE 100 was down 20 points or 0.29 per cent at 6,839 in midday trading after closing 0.2 per cent lower on Friday.

Paul

The author Paul