London markets close lower as Chinese lockdowns hit oil prices

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London markets close lower as Chinese lockdowns hit oil prices
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  • 📰 The Independent
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The FTSE ended the day down 10.21 points, or 0.14%, at 7,473.14 points.

It was no surprise to see Asian stocks slump on the move as the region’s dominant economy is once again threatened by the sceptre of Covid-19AJ Bell’s Russ Mould said: “The two-day restrictions imposed in Shanghai are evidence that the pandemic is not yet over and inevitably, given the implications for global growth, have put oil prices under pressure.

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