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Market wrap: Stocks fall amid fresh Covid fears

London stocks suffered sharp falls on Monday, as did those in Europe and the US, as fears over the economic impact of another wave of Covid-19 grew.

The FTSE 100 ended the day down by 2.4% at 6,839, its lowest since early April. The FTSE 250 dropped by 2.3% to finish at 21,940, also a low of more than three months.

In the FTSE 100, there were just four rising stocks, led by a gain of 3.3% for Just Eat. In a trading update last week, the company said delivery order growth in the UK hit 733% in the first half of 2021 compared with a year earlier.

Among the real estate companies to post a rise over the day was Henry Boot, up by 4.2% to 272p after a trading update in which the company said its financial performance during the latest half-year will be ahead of management’s expectations.

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Image © Martin Lee/Shutterstock

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