FTSE 100 stalls as Rio Tinto, healthcare stocks weigh – Reuters UK
- Date: 11-Aug-2022
- Source: Reuters
- Sector:Healthcare
- Country:UAE
FTSE 100 stalls as Rio Tinto, healthcare stocks weigh – Reuters UK
Aug 11 (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 (.FTSE) was little changed by 0718 GMT, with Rio Tinto (RIO.L) falling 3.5% as the miner traded without entitlement to the latest dividend payout.
Drugmaker GSK (GSK.L) 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the previous session amid chatter over potential negative implication from U.S. lawsuits over Zantac, a drug that was withdrawn in 2019.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 (HLN.L), a consumer health company recently spun off from GSK, dropped 4.9%.
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