FTSE tracks global recovery; Hargreaves gains

08 Aug, 2019

Fund supermarket Hargreaves Lansdown, whose shares took a beating in June as nearly a quarter of its clients were exposed to Neil Woodford's suspended fund, advanced nearly 4% after a forecast-beating rise in full-year assets.

The FTSE 100, which has fallen almost 5% since  President Donald Trump said he would slap tariffs on more Chinese imports last week, climbed 0.3% by 0715 GMT. The more domestically-focused midcap index rose 0.6%.

Copyright Reuters, 2019

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