Oct 26, 2017

Ex-dividend firms drag down FTSE 100

Housebuilder Barratt, broadcaster ITV and building materials supplier Ferguson all suffered falls on the FTSE 100 after going ex-dividend. Overall, the benchmark 100-share index was down 1.3 points or 0.02% at 7,445.91. On the currency markets, the pound was down 0.17% against the dollar at $1.3240. It also fell 0.22% against the euro to €1.1198. Barclays was another big faller on the FTSE 100, shedding 4.2% after a weak performance in its investment banking division led to lower-than-expected third-quarter profits.

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