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London’s FTSE 250 was down 1. 1% at 21,749. 30 in afternoon trade on Monday, with sentiment undermined by escalating geopolitical tensions following the US assassination last week of Iran’s top general.
Stocks on the Continent were extending their losses from Friday's session come midday, with traders cutting back on risk given the possibility that tensions in the Middle East might rise further, at least in the very near term, while gold prices hit a seven-year high.
