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| FTSE 100 falls with WPP lower after update | FTSE 100 falls with WPP lower after update |
| (35 minutes later) | |
| (Open): London's main share index fell as trading got under way, with shares in advertising giant WPP dropping after its latest trading update. | (Open): London's main share index fell as trading got under way, with shares in advertising giant WPP dropping after its latest trading update. |
| The FTSE 100 index was down 33.87 points at 6,410.21. | The FTSE 100 index was down 33.87 points at 6,410.21. |
| WPP shares fell 2%, despite the company saying it was on track to hit its full-year targets. | WPP shares fell 2%, despite the company saying it was on track to hit its full-year targets. |
| Like-for-like net sales grew by 3.3% in the third quarter, up from 2.3% in the first half of the year. Its full-year target is growth above 3%. | Like-for-like net sales grew by 3.3% in the third quarter, up from 2.3% in the first half of the year. Its full-year target is growth above 3%. |
| Shares in Aberdeen Asset Management jumped 4% following a report in the Financial Times that the company could be up for sale. | Shares in Aberdeen Asset Management jumped 4% following a report in the Financial Times that the company could be up for sale. |
| The FT said that Aberdeen's chief executive, Martin Gilbert, had begun to seek possible buyers of the business. | The FT said that Aberdeen's chief executive, Martin Gilbert, had begun to seek possible buyers of the business. |
| However, in a statement issued to the Reuters news agency, the company denied the reports. | However, in a statement issued to the Reuters news agency, the company denied the reports. |
| "In his 32 years running Aberdeen, Martin Gilbert has never approached anyone, formally or informally, about buying the business," the statement said. | "In his 32 years running Aberdeen, Martin Gilbert has never approached anyone, formally or informally, about buying the business," the statement said. |
| In the FTSE 250, shares in TalkTalk fell a further 6% as investors continued to shun the company in the wake of last week's cyber attack. | |
| At the weekend, TalkTalk chief executive Dido Harding said the attack was "smaller" than originally thought, but customers' bank account and sort code details may have been accessed. | |
| On the currency markets, the pound rose 0.1% against the dollar to $1.5332, but dipped 0.05% against the euro to €1.3895. | On the currency markets, the pound rose 0.1% against the dollar to $1.5332, but dipped 0.05% against the euro to €1.3895. |