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FTSE 100 Little Changed As Economy Stagnates In February
(RTTNews) - U.K. stocks were subdued on Thursday after data showed Britain's economy stagnated in February as a result of strikes by public workers.
Some index heavyweights went ex-dividend, further weighing on the market.
The benchmark FTSE 100 was down 2 points at 7,822 after gaining half a percent the previous day.
Lender Lloyds tumbled 3.2 percent and packaging firm Smurfit Kappa Group shed 2.4 percent on going ex-dividend.
Grocer Tesco rallied 2.3 percent after reporting a jump in annual sales.
High technology products group Oxford Instruments soared 5.5 percent after saying it was trading ahead of expectations for the full year.
Imperial Brands fell over 2 percent. The cigarette maker expects a drop in first-half revenue due to its exit from Russia.
German Construction Activity Remains In Deep Contraction
European Shares Mostly Higher Ahead Of ECB Meeting
Asian Shares Climb Led By China And Hong Kong
Commodity Currencies Rise Amid Risk-on Mood
Euro Rises Against Majors
Canadian Dollar Climbs Against Most Majors
NZ Dollar Advances Against Majors
