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Sage and Unilever lead FTSE 100 lower | Sage and Unilever lead FTSE 100 lower |
(about 17 hours later) | |
The FTSE 100 ended down on Thursday following sharp falls by Sage Group and Unilever. | The FTSE 100 ended down on Thursday following sharp falls by Sage Group and Unilever. |
The blue chip share index dipped 2.94 points to 7,161.49. | The blue chip share index dipped 2.94 points to 7,161.49. |
Shares in accountancy software specialist Sage tumbled 5.4% to 599p following poor sales in its US payments business which it may now sell. | Shares in accountancy software specialist Sage tumbled 5.4% to 599p following poor sales in its US payments business which it may now sell. |
Consumer goods giant Unilever's stock plunged 4.7% to £31.91 on currency headwinds. | Consumer goods giant Unilever's stock plunged 4.7% to £31.91 on currency headwinds. |
Drinks-maker Diageo was the day's top riser, up 3.6% to £22.18, after the world fell back in love with Scotch. | Drinks-maker Diageo was the day's top riser, up 3.6% to £22.18, after the world fell back in love with Scotch. |
Royal Bank of Scotland retained its place as one of the best performers on Thursday when its shares rose 2.3% to 232.9p. | Royal Bank of Scotland retained its place as one of the best performers on Thursday when its shares rose 2.3% to 232.9p. |
The bank, which is 72% owned by the taxpayer, has set aside an extra $3.8bn to settle fines related to the sale of financial products linked sub-prime mortgages in the US. | The bank, which is 72% owned by the taxpayer, has set aside an extra $3.8bn to settle fines related to the sale of financial products linked sub-prime mortgages in the US. |