Wall Street

FTSE 100 slips ahead of long weekend as ex-dividend trades weigh

Published by
Reuters UK

(Reuters) -UK stocks were set for a long weekend with mild losses on Wednesday, as ex-dividend trading impacted shares of National Grid and Vodafone, while Dr. Martens surged more than 20% after the footwear brand lifted its annual revenue forecast. The blue-chip FTSE 100 snapped a five-session winning streak to drop 0.4%, with National Grid and Vodafone down 4.1% and 3.3%, respectively. The domestically focussed midcap index slipped 0.1%. UK markets will be closed on Thursday and Friday for Queen Elizabeth’s Platinum Jubilee. The FTSE 100 closed out May with a 0.8% gain, boosted by commodity …

Read More

Share this Story
Load More Related Articles
Load More In Wall Street