FTSE 100 index slips as Legal & General Group Plc (LON: LGEN) and Man Group Plc (LON: EMG) fall

Man Group loses its foothold

In brief: Legal & General Group Plc (LON: LGEN), Man Group Plc (LON: EMG) and the FTSE 100 index continued to trade in the red zone because of the lack of positive data.

The British stock market can not get out of the red zone today. FTSE 100 index fall to 5,183.71 points, losing -27.58 (-0.53%). Legal & General Group Plc (LON: LGEN) reduced to 92.65 points (-1.44%).

Man Group Plc (LON: EMG) shares slide down to 208.20 points, losing -1.50 (-0.72%). Moreover, the negative signals coming from Asia. Most stock indexes are falling. Outsiders are Japanese and Chinese indices. In addition to the general negative background contributes to the expectation of an emergency meeting of the Bank of Japan. The Central Bank of Japan may decide to expand lending program with $ 20 trillion. yen to 30 trillion. yen, and the term loan may be extended from 3 to 6 months.

Anrey Torbinski
2010-08-20 10:57, Economics.

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