Miners, financials pull FTSE 100 to two-month low; Prudential top drag

Reuters

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    * FTSE 100 down 0.9%, FTSE 250 off 0.8%

    Sept 20 (Reuters) - London's FTSE 100 fell to a two-month
low on Monday, dragged by heavyweight miners and financial
stocks, while concerns about rising inflation also weighed on
the index ahead of a rate decision by the Bank of England (BoE)
this week.
    The blue-chip FTSE 100 index  .FTSE  dropped 0.9%. Miners
Glencore  GLEN.L  and Rio Tinto  RIO.L  and financial stocks
Prudential  PRU.L  and HSBC Holdings  HSBA.L  led the declines.
    Britain's Prudential Plc  PRU.L  fell 4.6% to be the top
loser on the FTSE 100 after saying on Saturday it plans to raise
HK$22.5 billion ($2.9 billion) through a concurrent public offer
and international share placing on the Hong Kong Stock
Exchange. urn:newsml:reuters.com:*:nL1N2QK060 
    The domestically-focussed mid-cap index  .FTMC  fell 0.8%,
with travel stocks  .FTNMX405010  being among the top drags.
    Investors now await the BoE's policy meeting this week for a
timeline on its plan to ease its massive pandemic stimulus,
against the backdrop of rising price pressures due to supply
chain disruptions and higher energy prices. 
    Energy stocks  .FTNMX601010  were also among top losers,
with shares of heavyweights Royal Dutch Shell  RDSa.L  and BP
 BP.L  falling 1.2% and 0.7% respectively. 

    
    


 (Reporting by Shashank Nayar in Bengaluru; editing by
Uttaresh.V)
 ((Shashank.Nayar@thomsonreuters.com; within U.S. +1 646 223
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