SPY443.91+0.73 0.16%
DIA347.87+0.31 0.09%
IXIC15,047.70-4.55 -0.03%

Melrose, healthcare stocks lift FTSE 100; ex-dividend trades cap gains

Melrose, healthcare stocks lift FTSE 100; ex-dividend trades cap gains

reuters.com · 09/02/2021 03:26
Melrose, healthcare stocks lift FTSE 100; ex-dividend trades cap gains

For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window

FTSE 100 up 0.1%, FTSE 250 off 0.2%

- London's FTSE 100 edged higher on Thursday, helped by healthcare stocks and Melrose Industries, although gains were capped by ex-dividend trading and losses in Unilever shares.

The blue-chip index .FTSE rose 0.1%, with Melrose MRON.L gaining 4% to the top of FTSE 100 after the engineering firm swung to a first-half profit. nL4N2Q41EU

Drugmaker AstraZeneca AZN.L rose 0.1%, providing the biggest boost to the index.

Global miner BHP Group BHPB.L dropped 5.2% to the bottom of FTSE 100, while motor insurer Admiral Group ADML.L shed 2.3% as it traded ex-dividend.

Unilever Plc ULVR.L slipped 1.8% after JP Morgan downgraded the Dove soap maker's stock to "underweight" from "neutral".

The domestically focussed mid-cap index .FTMC inched 0.2% lower after closing at a record high in the previous session.


(Reporting by Devik Jain in Bengaluru; Editing by Subhranshu Sahu)

((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2062; ;))

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