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Ex-dividend firms drag down FTSE 100 | Ex-dividend firms drag down FTSE 100 |
(35 minutes later) | |
(Close): London's leading shares closed lower on Thursday dragged down by companies going ex-dividend. | |
National Grid and WPP shed 5.08% and 3.46% respectively after ending dividend payments to shareholders. | National Grid and WPP shed 5.08% and 3.46% respectively after ending dividend payments to shareholders. |
Overall, the benchmark FTSE 100 share index was down 91.22 points, or 1.31%, at 6859.24. | Overall, the benchmark FTSE 100 share index was down 91.22 points, or 1.31%, at 6859.24. |
Outside the 100-share index, price comparison websites Moneysupermarket and Zoopla fell 9.9% and 5.32% on fears of a competition probe. | Outside the 100-share index, price comparison websites Moneysupermarket and Zoopla fell 9.9% and 5.32% on fears of a competition probe. |
Energy watchdog Ofgem says it is looking into "whether two or more companies providing a supporting service for the energy industry have breached competition law". | Energy watchdog Ofgem says it is looking into "whether two or more companies providing a supporting service for the energy industry have breached competition law". |
Low-cost airline Easyjet was among the top gainers, rising 0.63% on the strength of its latest passenger numbers. | Low-cost airline Easyjet was among the top gainers, rising 0.63% on the strength of its latest passenger numbers. |
The airline said it carried 7.2% more passengers in May than in the same month in 2014. | The airline said it carried 7.2% more passengers in May than in the same month in 2014. |
On the currency markets, the pound rose 0.13% against the dollar to $1.53600 and 0.22% against the euro to €1.36370. | On the currency markets, the pound rose 0.13% against the dollar to $1.53600 and 0.22% against the euro to €1.36370. |