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Sept 6 - UK's FTSE 100 extended declines on Wednesday as recent soft economic data from China and Europe continued to weigh on global sentiment, while shares of Barratt Developments fell after the homebuilder warned of a tough market environment.
Global markets also extended losses for a second day as faltering growth in China and Europe heightened concerns about the global economic momentum. GLOB/MKTS "Barratt has admitted that things will remain tough over the coming months, but with rates yet to peak and the lag effect of existing rate rises ... it may be even longer before we see the housing market rebound," said Josh Warner, market analyst, StoneX.
Meanwhile, Bridgepoint shares rose 2.5% after the alternative asset fund manager said it will buy Energy Capital Partners for an initial 835 million pounds , including debt.
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