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Published: 22 December 2020
Leading stocks fell on the London Stock Exchange today, Tuesday, as more countries closed their borders with Britain after discovering a new strain of Corona virus in it.
The British "Financial Times 100" index fell 0.2 percent, hovering near its lowest level in three weeks. Metal and energy stocks led the downturn.
Britain imposed strict general isolation measures to limit the spread of the new strain of the virus, which was said to have a rate of up to 70 percent more than the original strain, prompting many countries to close borders with Britain and prevent travel to it.
At the same time, the "STOXX 600" index of European stocks rose 0.6 percent after recording its biggest daily loss in nearly two months on Monday.
On Monday, the US Congress approved a $ 892 billion fiscal stimulus package after days of heated negotiations. It is expected that President Donald Trump will sign the stimulus package to implement it, which raises hopes for an economic recovery.
Source: Reuters
By:Nadeemy Haded