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    UKX   GB0001383545

FTSE 100

(UKX)
Delayed Great Britain  -  11:35 2022-10-04 am EDT
7086.46 PTS   +2.57%
After hours
 0.00%
7086.46 PTS
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FTSE 100 stalls as Rio Tinto, healthcare stocks weigh

08/11/2022 | 03:34am EDT
FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London

(Reuters) - Britain's top share index was flat on Thursday, weighed down by Rio Tinto and healthcare stocks, while the midcap index hit a fresh two-month high as global equities extended gains on relief from softer-than-expected U.S. inflation data.

The FTSE 100 was little changed by 0718 GMT, with Rio Tinto falling 3.5% as the miner traded without entitlement to the latest dividend payout.

Drugmaker GSK slid 2.1% after heavy selling in the previous session amid chatter over potential negative implication from U.S. lawsuits over Zantac, a drug that was withdrawn in 2019. Haleon, a consumer health company recently spun off from GSK, dropped 4.9%.

London-listed shares of Antofagasta slipped 0.5% after the of Chilean miner reported a fall in half-year profit.

The domestically focussed FTSE 250 index rose 0.4% as European and Asian stocks climbed.

UK-listed shares of Dubai-based payments processor Network International jumped 11.3% as it announced a stock buyback programme and reported strong half-year results.

(Reporting by Sruthi Shankar in Bengaluru; editing by Uttaresh.V)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ANTOFAGASTA PLC 1.06% 1143 Delayed Quote.-14.61%
FTSE 100 2.57% 7086.46 Delayed Quote.-6.44%
FTSE MID 250 INDEX 3.11% 17822.15 Delayed Quote.-26.39%
GSK PLC 0.67% 1328.4 Delayed Quote.-19.18%
HALEON PLC 1.26% 274.2 Delayed Quote.0.00%
NETWORK INTERNATIONAL HOLDINGS PLC -0.07% 299.6 Delayed Quote.2.53%
RIO TINTO PLC 3.02% 5089 Delayed Quote.4.03%
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