In the UK the FTSE 100 index of leading shares has started badly for a fifth day dropping 16.30 points, or 0.3%, to 5305.60 paced by Cable & Wireless Britain's and British Airways.
Ten stocks on the FTSE 100, including Anglo American and Barclays are trading today without the right to their latest dividend, helping to push down the benchmark. Cable & Wireless has fallen 1.4% to 154p. The shares slipped 4.1% yesterday when it said it will pay at least £594m for Energis to gain business customers including Tesco and International Business Machines. British Airways has slipped 1.5%, to 287.25p, while Aviva has also dropped 2.1% to 624p. Meanwhile Balfour Beatty has gained 4.75p to 345p the firm saying this morning first-half net income advanced 39% to £57m after...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes