London’s FTSE 100 falls almost 1%
12 May 2016
- From the section Business
(Open): London’s FTSE 100 opened lower after a number of leading companies’ shares went ex-dividend.
Shares in companies that have just paid out their half yearly segment of profits to shareholders tend to fall immediately as they no longer carry the right to that.
The FTSE 100 lost 0.83% – a fall of 51.25 points – to gained 6,111.24.
Mondi lead the risers, up 3%. Mining stocks started with small gains.
Source: BBC Business