As heavyweights AstraZeneca GlaxoSmithKline Shell and BP all go ex dividend

As heavyweights AstraZeneca, GlaxoSmithKline, Shell, and BP all go ex-dividend, taking 25.41 points off the index, the FTSE 100 snaps its winning streak to currently […]


Blue avatar for FOREX.com guest contributors
By :  ,  Financial Analyst

The video cannot be shown at the moment. Please try again later.

  • As heavyweights AstraZeneca, GlaxoSmithKline, Shell, and BP all go ex-dividend, taking 25.41 points off the index, the FTSE 100 snaps its winning streak to currently lie five points lower at 5807, having previously been considerably below the 5800 level.
  • Across Europe we see indexes generally lower, with the German DAX down a quarter per cent and the French CAC down around half per cent.
  • With ex-dividend stocks at the top of the biggest fallers this morning, we also see Smiths Group down 2.7% as the technicals make the stock overbought.
  • On a more positive note we see Standard Chartered recovering some of yesterday’s losses, up around 6%, having fallen 22% since the allegations and the fear of having their US banking licence revoked.
  • Later we have UK inflation figures and Mervyn King is speaking so we are likely to see some movement around 9.30am this morning.
  • With no major macro data out from the US, attention will be on the Olympics and Britain’s chance for another gold in the show jumping.

See the City Index Economic Calendar and Companies Reporting Dates page for latest economic news and company events that are likely to impact the markets today.

Related tags:

Open an account today

Experience award-winning platforms with fast and secure execution.

Web Trader platform

Our sophisticated web-based platform is packed with features.
Economic Calendar