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2025-10-16 19:01:23
[London Stock Market Stumbles, Economic Data and Individual Stock Performance Show Disparate Results] ⑴ The London stock market performed flat on Thursday, with the FTSE 100 index down 0.06% and the FTSE 250 down 0.2%, as investors carefully weighed GDP data against corporate earnings reports. ⑵ UK GDP grew by only 0.1% month-on-month in August, meeting expectations but failing to allay market concerns about tax increases. Investors have turned their attention to next week's inflation data. ⑶ The travel and leisure sector led the decline, falling 1.4%. Whitbread plummeted 9.6% due to a 7% drop in half-year profits, becoming the worst-performing component of the FTSE 100. ⑷ Heavyweight AstraZeneca fell 1% after being downgraded to "sell" by Deutsche Bank, while Croda International bucked the trend by rising 3.6% after maintaining its earnings forecast due to sales growth. ⑸ Construction supplier Travis Perkins fell 3.5% due to continued margin pressure and the lack of a full-year outlook, making it the worst performer in the FTSE 250.
