India, March 10 -- After a positive start, U.K. stocks retreated Monday morning, with shares from banking sector recording notable losses.
Concerns about the outlook for global economic growth and uncertainty about U.S. trade policy are hurting sentiment.
The benchmark FTSE 100, which advanced to 8,710.35 in early trades, was down 50.61 points or 0.58% at 8,629.27 a little while ago.
Entain, the biggest loser in the FTSE 100 index, is down 4.2%. Antofagasta is declining 3.2%, while AstraZeneca, Melrose Industries, Intermediate Capital Group, Weir Group Holdings, Ashtead Group, Anglo American Plc and Barclays are down 2 to 3%.
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