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Ex-dividend firms drag down FTSE 100 Ex-dividend firms drag down FTSE 100
(about 4 hours later)
(Open): London's leading shares opened lower on Thursday after several big companies went ex-dividend. (Noon): London's leading shares fell in Thursday morning trade after several big companies went ex-dividend.
Among those trading without entitlement to their latest dividend pay-out were Hammerson and London Stock Exchange, down 2.7% and 1.8% respectively. Among those trading without entitlement to their latest dividend pay-out were Dixons Carphone, Taylor Wimpey and Hammerson, all down more than 3%.
Overall, the FTSE 100 index was 24.94 points or 0.36% lower at 6,810.84. Others included the London Stock Exchange group, which shed 1.3%.
On the currency markets, the pound fell 0.13% against the dollar to $1.3216 and was 0.17% lower against the euro at €1.1727. Overall, the FTSE 100 index was 23.85 points or 0.35% lower at 6,811.93. On the currency markets, the pound fell 0.25% against the dollar to $1.3199.
Sterling was 0.5% lower against the euro at €1.1688.