UK stocks slip as some companies trade ex-dividend; GSK shines
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window
GSK rises after settlement of 80,000 Zantac litigations
Precious metal miners jump on gold surge
FTSE 100 down 0.1%, FTSE 250 off 0.6%
Updated at 1550 GMT
By Shubham Batra and Khushi Singh
Oct 10 (Reuters) -The UK's main stock indexes slipped on Thursday as some of the companies traded without the entitlement of their dividend pay-outs, while GSK shares jumped following the settlement of its lawsuits in the United States.
The blue-chip FTSE 100 index .FTSE was down 0.1%, while the mid-cap FTSE 250 .FTMC fell 0.6%.
Tesco TSCO.L, WPP WPP.L, Taylor Wimpey TW.L, Kingfisher KGF.L dragged the benchmark index lower, falling between 1.4%-5%, as they traded without entitlement to their latest dividend pay-out.
Broadly, the household goods and home construction sector .FTNMX402020 extended its weakness for a fourth straight session, down 2.5%, and led declines.
GSK GSK.L surged 2.3% after it agreed to pay up to $2.2 billion to settle most lawsuits in U.S. state courts claiming that a discontinued version of the heartburn drug Zantac caused cancer.
Gains in the drugmaker pushed the broader pharma and biotech .FTNMX201030 index higher by 0.8%.
Precious metal miners .FTNMX551030 emerged as the top gainers of the session, rising 2.7%, after gold prices climbed as traders added to bets that the Federal Reserve will deliver another rate cut next month following the latest U.S. data.
The U.S. consumer price index (CPI) rose higher-than-expected at 0.2% in September on a monthly basis, keeping the bets intact for a 25-basis-point rate cut by the U.S. central bank.
Back home, Britain's housing market recovered further last month, with house prices, sales and enquiries rising, but pressure on the rental sector intensified as tenant demand continued to outstrip the number of available homes to rent.
Among other movers, Liontrust Asset Management LIO.L fell 6.3% after the asset manager reported a drop in its third-quarter assets under management and advice (AuMA), hurt by weak investor sentiment ahead of the new government's maiden budget.
Reporting by Khushi Singh and Shubham Batra in Bengaluru; Editing by Sonia Cheema and David Evans
For related prices, Reuters users may click on - * UK stock report .L FTSE index: 0#.FTS6 techMARK 100 index: .FTT1X FTSE futures: 0#FFI: Gilt futures: 0#FLG: Smallcap index: .FTSC FTSE 250 index: .FTMC FTSE 350 index: .FTLC Market digest: .AD.L Top 10 by vol: .AV.L Top price gainers: .NG.L Top % gainers: .PG.L Top price losers: .NL.L Top % losers: .PL.L * For related news, click on - * UK hot stocks: HOT and GB Wall Street: .N Gilts report: GB/ Euro bond report GVD/EUR Pan European stock report: .EU Tokyo stocks: .T HK stocks: .HK Sterling report: GBP/ Dollar report: USD/ * For company prices, click on - * Company directory: UKEQ By sector: FTAX * For pan-European market data, click on - * European Equities speed guide................ EUR/EQUITY FTSE Eurotop 300 index........................... .FTEU3 DJ STOXX index................................... .STOXX Top 10 STOXX sectors........................ .PGL.STOXXS Top 10 EUROSTOXX sectors................... .PGL.STOXXES Top 10 Eurotop 300 sectors.................. .PGL.FTEU3S Top 25 European pct gainers.................... .PG.PEUR Top 25 European pct losers..................... .PL.PEUR
Mga Kaugnay na Asset
Pinakabagong Balita
Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.
Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.
Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.
