This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34207021
The article has changed 4 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Morrisons shares push FTSE 100 lower | Morrisons shares push FTSE 100 lower |
| (35 minutes later) | |
| (Open): London's leading shares fell on Thursday, with supermarket Morrisons among the leading fallers. | (Open): London's leading shares fell on Thursday, with supermarket Morrisons among the leading fallers. |
| The FTSE 100 was down by 0.51%, or 31.91 points, at 6,197.1. | |
| Morrisons shares were more than 5% lower after the supermarket said it was closing stores amid falling sales and profits. | |
| On the upside, Next shares led the way, more than 2% higher, after it reported a 7.1% rise in first-half profit to £347m. | On the upside, Next shares led the way, more than 2% higher, after it reported a 7.1% rise in first-half profit to £347m. |
| Shares in Dixons Carphone also rose after the electrical goods retailer posted better-than-expected first quarter sales. The UK was particularly strong, with like-for-like sales up 10% in the 13 weeks to August. | |
| Adding to the raft of retail results was Home Retail Group, owner of Argos and DIY shop Homebase. Shares in the company were little changed, despite it reporting another fall in sales at Argos, which accounts for 70% of the company's revenue. Sales in the 13 weeks to August fell by 2.8%. | |
| On the currency markets, the pound was little changed against the dollar at $1.5354, and 0.17% higher against the euro at €1.3736. |