FTSE 100 opens down in end of week trading
- 31 July 2015
- From the section Business
(Noon): The FTSE 100 begins Friday with falls in quiet end-of-week trading.
Broadcaster ITV was the biggest gainer on the 100 list, up more than 2% after it said US broadcaster Liberty Global had increased its stake to almost 10%.
The benchmark FTSE 100 index was down 13.89 at at 6,654.98 points.
BG was another early riser that turned tail. Shares at midday were down almost 1%. Core earnings nearly halved in the second quarter thanks to weak oil prices.
Thomas Cook shares fell 5%. Poor results on Thursday revealed it took a £25m charge on lost earnings because of the Tunisian terrorist shootings.
Shares in InterContinental Hotels were 3.2% lower. The company dashed takeover hopes saying it was not in talks with rival Starwood Hotels.