FTSE direction moves the wrong way

Hilton Group, shedding 12p to 304.25p, paced the benchmark after the company said people purchasing the stock aren't eligible for a full-year dividend payment of 6p to be paid on 1 June. Bookmaker William Hill, also lost 18p to 597p, after reporting it doesn’t foresee many further opportunities to expand in the UK casino industry. Man Group, the alternative investment products provider, meanwhile added 51p to 1405p while Rentokil Initial picked up 2.50p to 162.25p. In the US, the Dow Jones index has advanced 25.63 points to 10856.53 points in morning trading, led by Disney. The e...