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FTSE 100 slips as COVID-19 cases jump

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* FTSE 100 down 0.1%, FTSE 250 flat

June 30 (Reuters) - London’s FTSE 100 slipped on Wednesday over concerns that a recent jump in coronavirus infections in the UK could hinder the pace of economic growth, taking the shine off what is likely to be a fifth straight month of gains for the blue-chip index.

The FTSE 100 fell 0.1% with heavyweight financials leading declines. A fifth month of consecutive gains would be the index’s best winning streak since 2016.

Retailers slipped 0.3% as growing costs linked to COVID-19 and Brexit might add to the rise in broader inflation soon, an industry group said.

The domestically focussed mid-cap index was flat.

Among stocks, Dixons Carphone dropped 0.4% even after the electricals retailer reported a 34% rise in annual profit.

Opioid addiction treatment maker Indivior Plc jumped 10.8% to the top of the FTSE 250 index after it said its 2021 revenue and profit would be significantly above its previous outlook. (Reporting by Shashank Nayar in Bengaluru; Editing by Subhranshu Sahu)

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