FTSE 100 Down 0.4% In Cautious Trade

RTTNews | 16j 1min yang lalu
FTSE 100 Down 0.4% In Cautious Trade

(RTTNews) - After a slightly positive start, U.K. stocks turned weak Thursday morning with investors treading cautiously amid a lack of triggers. Shares of financials and utilities companies are struggling a bit.

The benchmark FTSE 100, which edged up to 9,269.00 in early trades, was down 38.50 points or 0.42% at 9,217.00 a little while ago.

JD Sports Fashion is up 3%, extending recent gains. Anglo American Plc is advancing 2.3%, while Diageo, EasyJet, Intercontinental Hotels Group, Bunzl and Rio Tinto are up 1 to 1.5%.

WPP, Spirax Group, Antofagasta, Rentokil Initial, Weir Group, DCC, IAG and Prudential are up with moderate gains.

Aviva is down nearly 3%. LondonMetric Property, Land Securities, Endeavour iing, Auto Trader Group, RightMove and St. James's Place are down 2 to 2.5%.

Relx, Unite Group, Admiral Group, Babcock International, Vodafone Group, Centrica, SSE, Tesco, Next, British American Tobacco, Barclays, Natwest Group and Croda International are among the other notable losers.

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Higher Open Called For China Stock Market

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The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
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