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Sliding industrials lead London markets lower

Hedge fund Saba Capital owns a significant stake in all seven trusts.
Hedge fund Saba Capital owns a significant stake in all seven trusts.

Sliding industrial stocks led London markets lower during the opening session today.

The capital’s premier FTSE 100 index edged down 0.15 per cent to 7,206.41 points, while the mid-cap FTSE 250 fell 0.13 per cent to 23,023.82 points.

More to follow.