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London close: Stocks give up gains to finish in the red

By Josh White

Date: Monday 21 Oct 2024

(Sharecast News) - London stocks ended lower on Monday, after the People's Bank of China made bigger-than-expected cuts to loan prime rates, while UK house price growth stagnated.

The FTSE 100 index fell 0.48% to 8,318.24 points, while the FTSE 250 lost 1.15% to 20,906.60 points.

In currency markets,...

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