UPDATE 1-British stocks shrug off politics as results from Sage, ABF drive big moves [Reuters]
SOCIETE GENL FRNCE S/ADR (SCGLY)
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Source: Reuters
UPDATE 1-British stocks shrug off politics as results from Sage, ABF drive big moves | Reuters 4 Min Read * FTSE 100 down 0.5 pct, FTSE 250 down 0.3 pct * ITV tumbles 7.7 pct after BAML downgrades broadcasters * Sage nabs top spot, up 5.7 pct after strong subscription growth * Primark owner ABF climbs after results (Updates prices, adds quotes, details, graphic) By Helen Reid LONDON, Jan 17 (Reuters) - Investors in British stocks turned their focus from political to company developments on Thursday as results from software firm Sage, Primark owner ABF, and bookmaker GVC triggered big moves and weak house sales data dented shares in housebuilders. The FTSE 100 slid 0.5 percent by 0940 GMT, extending Wednesday’s fall, while the mid-cap FTSE 250 fell 0.3 percent, in line with a slide in European stocks. Financials were the biggest drag on the FTSE 100 as Europe’s banking sector sold off after weak results from Societe Generale, and investors received Prime Minister Theresa May’s win in a
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