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Brexit concerns weigh on FTSE 100, Hut Group soars

16 Sep 2020 / 15:29 H.

    (For a live blog on European stocks, type LIVE/ in an Eikon news window)

    * FTSE 100 down 0.1%, FTSE 250 falls 0.2%

    Sept 16 (Reuters) - The FTSE 100 slipped on Wednesday as fears of a disorderly exit for the UK from the European Union kept risk sentiment subdued, while shares of The Hut Group surged in the biggest UK initial public offering since 2013.

    The e-commerce firm rose 24.9% in its first day of trading.

    The blue-chip FTSE 100 and the mid-cap FTSE 250 were down 0.1% and 0.2%, respectively, with banking stocks and insurers among the biggest decliners.

    (Reporting by Shashank Nayar in Bengaluru; Editing by Subhranshu Sahu)

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