U.K. Stocks Lag Europe as Valuations Fail to Draw In Bulls
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U.K. equities can’t seem to catch a break.
Even as the market trades near its cheapest since 2014 based on forward earnings, most investors aren’t biting. The FTSE 100 Index is trailing other major Western European equity benchmarks this year, down about 7 percent versus the Euro Stoxx 50 Index’s decline of 3.6 percent.