FTSE 100 slips as pound recovers, Diageo slides [Reuters]
Diageo plc (DEO)
US:NYSE Investor Relations:
diageo.com/en/investors
Company Research
Source: Reuters
FTSE 100 slips as pound recovers, Diageo slides - Reuters 1 Min Read (For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 down 0.1%, FTSE 250 up 0.1% * SSE rises on unit sale * Dollar earners weigh on main index Sept 13 (Reuters) - Britain’s main index edged lower on Friday as exporter stocks took a hit from a rise by the pound to near two-month highs, while energy supplier SSE shone after agreeing a deal to sell its retail segment. The FTSE 100 fell 0.1%, with international companies including AstraZeneca and Unilever weighing the most, while the more domestically-focussed FTSE 250 inched 0.1% higher. Diageo, the world’s largest spirits company and another stock sensitive to moves in sterling, lost 2%. Reuters reported on Thursday that unions were demanding a 5% pay rise for workers due to go on strike in Scotland later this month. Among midcaps, Woodford Patient Capital Trust, money manager Neil Woodford’s listed fund, fell 7% after the trust’s adminis
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