The Guardian

FTSE slides on Brexit and US election fears, with Hikma leading the fallers

The Guardian


With investors continuing to be unnerved by the prospect of Donald Trump winning next week's US presidential election, leading shares are on the slide again.

Pharmaceutical shares are under pressure after US lawmakers called on federal regulators to open a probe on potential price fixing for insulin and diabetes drugs.

Although not mentioned, Hikma is the biggest faller in the FTSE 100, down 146p at 15.99 pounds after HSBC analysts cut their target price from 25.25 pounds to 19.85 pounds and warned all generic drugmakers could become caught up in a US Department of Justice investigation.