21 August 2025, 15:12 United Kingdom: Stocks Move Into the Red.
The FTSE 100 edged lower to trade below 9,270 on Thursday afternoon, after briefly touching an intraday peak of 9,302, as traders weighed mixed economic data and looked ahead to the Jackson Hole symposium. CBI’s recent industrial trends data revealed a drop in output volumes in the quarter to August after being broadly flat in July, while PMI data showed UK private sector activity rose at its fastest rate in a year. At the same time, the index is being weighed down by several stocks going ex-dividend, with Mondi, Legal & General, Entain, and Schroders among the top decliners. Imperial Brands, InterContinental Hotels, Anglo American, Convatec, and Babcock were also in this category.
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