FTSE drops in morning session

<p>The FTSE has dropped, with shares such as Aberdeen Asset Management down.</p>

The FTSE 100 is down this morning (November 8th), with major stocks such as Aberdeen Asset Management and Schroders among the big fallers of the day.

At 11:45 GMT, the index was 0.47 per cent down for the session, with the share price of Aberdeen Asset Management 3.59 per cent lower, the largest fall of the morning.

Rolls-Royce saw its stocks rise in value by three per cent, but it was tipped to the top spot for the day by International Consolidated Airlines Group SA, which was up nearly six per cent.

Other big gainers on the FTSE 100 in the morning session included Severn Trent, which saw a 1.31 per cent increase to its share price, and Bunzl, up 1.08 per cent.

William Hill was down more than two per cent for the day's trading, while there were also big drops for Vedanta Resources – 2.26 per cent lower – and Antofagasta, which fell 2.25 per cent.

Global markets are mostly down today and earlier, the Nikkei recorded a one per cent drop to hit a new one-month low for the index.

Find up to date information on the FTSE 100 and spread betting strategies at City Index

Build your confidence risk free
Join our live webinars for the latest analysis and trading ideas. Register now

StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.

No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

For further details see our full non-independent research disclaimer and quarterly summary.